Senate Bill 2435
116th Congress(2019-2020)
BASIC Act
Introduced
Introduced in Senate on Aug 1, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2435
Congress
116
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
No Senate votes have been held for this bill.
Summary
Budgetary Accuracy in Scoring Interest Costs Act of 2019 or the BASIC Act
This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt.
August 1, 2019
08/01/2019
Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)
08/01/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:12 PM