Summary: H.R.4959 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4959. Bill summaries are authored by CRS.

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Introduced in House (10/31/2019)

Pro-Growth Budgeting Act

This bill requires the Congressional Budget Office and the Joint Committee on Taxation to incorporate a macroeconomic impact analysis in their cost estimates for major legislation.

The macroeconomic impact analysis (commonly referred to as dynamic scoring) must include the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from the legislation.