Cost Estimates Improvement Act
The source supplies the latest action, but no lifecycle stage.
Latest action (17 Sep 2026): Read twice and referred to the Committee on the Budget.
What this bill does
This bill, titled "A bill to amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes," has been introduced in the Senate by Senator Rick Scott of Florida. The stated purpose of the bill is to change how cost estimates are calculated for legislation. Specifically, it aims to ensure that future cost estimates made by the Congressional Budget Office and the Joint Committee on Taxation will incorporate the expenses associated with servicing the nation's public debt.
The bill's introduction means it is at the very beginning of the legislative process. As the full text of the bill has not yet been published, its specific details and potential impacts beyond the stated purpose are not publicly available. If it moves forward, it would need to be considered by Senate committees, potentially undergo debate and amendments, and then be voted on by the Senate. If passed by the Senate, it would then proceed to the House of Representatives for a similar process.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Cost Estimates Improvement 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.
Timeline
17 Sep 2026
Read twice and referred to the Committee on the Budget.
Common questions
- What does S. 5442 do?
- This bill, titled "A bill to amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes," has been introduced in the Senate by Senator Rick Scott of Florida. The stated purpose of the bill is to change how cost estimates are calculated for legislation. Specifically, it aims to ensure that future cost estimates made by the Congressional Budget Office and the Joint Committee on Taxation will incorporate the expenses associated with servicing the nation's public debt. The bill's introduction means it is at the very beginning of the legislative process. As the full text of the bill has not yet been published, its specific details and potential impacts beyond the stated purpose are not publicly available. If it moves forward, it would need to be considered by Senate committees, potentially undergo debate and amendments, and then be voted on by the Senate. If passed by the Senate, it would then proceed to the House of Representatives for a similar process.
- Has S. 5442 become law?
- The source does not supply a confirmed lifecycle stage for S. 5442. Check the latest action and official source below.
- Who sponsored S. 5442?
- S. 5442 was sponsored by Sen. Scott, Rick [R-FL] (R-FL), with 0 cosponsors.
- What's the latest action on S. 5442?
- Read twice and referred to the Committee on the Budget. (17 Sep 2026).
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