[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9716 Introduced in House (IH)]
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118th CONGRESS
2d Session
H. R. 9716
To amend the Congressional Budget and Impoundment Control Act of 1974
to require the Congressional Budget Office to provide baseline updates,
and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
September 20, 2024
Mr. Moore of Utah introduced the following bill; which was referred to
the Committee on the Budget
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A BILL
To amend the Congressional Budget and Impoundment Control Act of 1974
to require the Congressional Budget Office to provide baseline updates,
and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Increasing Baseline Updates Act''.
SEC. 2. CONGRESSIONAL BUDGET OFFICE UPDATES TO BASELINE.
Section 202(e) of the Congressional Budget and Impoundment Control
Act of 1974 (2 U.S.C. 602(e)) is amended by adding at the end the
following:
``(4)(A) The Director shall, to the extent practicable,
submit to the Committees on the Budget of the House of
Representatives and the Senate at least two updates to the
baseline submitted under paragraph (1). At least one of the
updates shall include economic data used by the Director to
calculate such update.
``(B) Nothing in this paragraph shall be construed to limit
the Director from providing any other update to the baseline
during such year.''.
SEC. 3. ANNUAL TECHNICAL BUDGET DATA SUBMISSION BY THE PRESIDENT.
Section 1106 of title 31, United States Code, is amended by adding
at the end the following:
``(d) On or before February 1 of each calendar year, the President
shall submit to Congress technical budget data for the fiscal year
beginning in the ensuing calendar year, which shall include up-to-date
estimates for current year and prior year data and credit reestimates
for the current year (as included in the Federal credit supplement of
such budget).''.
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