FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_HR_1492.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2023-03-09.
What are the main provisions?
Key points include:
- The Congressional Budget Office (CBO) will be required to publicly release the models and data used for estimating legislative costs.
- Citizens will gain access to detailed information, enabling them to verify how the CBO calculates the impact of legislation on the budget and economy.
- Increased transparency is intended to help better understand the consequences of new laws for public finances and citizens' lives.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Rep. Davidson, Warren [R-OH-8].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on the Budget.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.
What is the impact of this bill?
We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.