Senate Bill 932
115th Congress(2017-2018)
BASIC Act
Introduced
Introduced in Senate on Apr 25, 2017
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
932
Congress
115
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 2017 or the BASIC Act
This bill amends the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the cost of servicing the public debt.
April 25, 2017
04/25/2017
Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S2532-2533)
04/25/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:36:56 PM