To amend the Congressional Budget Act of 1974 to require the Congressional Budget Office to provide cost estimates for legislation reported by the Committee on Appropriations of each House, and for other purposes.
About This Bill
Committee
Latest Action · March 7, 2024
Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
The Appropriations Transparency Act of 2024 requires the Congressional Budget Office to provide detailed cost estimates for bills reported by the House and Senate Appropriations Committees, closing a previous exemption that allowed these committees to bypass standard cost analysis. Under this bill, appropriations measures must include comprehensive information about discretionary spending, budget authority comparisons, projected outlays, budget cuts, mandatory spending changes, and how funds are categorized under federal budget rules. The legislation affects Congress members, budget analysts, and the public by increasing transparency into how federal spending bills are constructed and their true fiscal impact. The bill contains no specific funding or implementation timeline beyond the requirement that these estimates be prepared whenever appropriations legislation is reported. This change is intended to give lawmakers and the public better information about the actual costs and consequences of major federal spending bills before they are voted on.
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