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Transparency in Law Costs: Showing the Price Tag Per Citizen

This bill mandates the Congressional Budget Office (CBO) to include a per-citizen cost estimate for all new legislation. This change ensures that citizens can clearly see how new federal spending and increases in public debt translate into a direct financial burden on them individually. The goal is to increase transparency regarding Congressional actions.
Key points
CBO cost estimates for new bills must now include the proportional financial burden (pro rata cost) for every U.S. citizen.
This calculation covers the impact on total federal spending and the total federal debt, broken down per person.
The amendment aims to provide citizens with clear information about the financial consequences of legislative actions.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_5159
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2024-09-24
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

A bill to amend the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimate for a bill or joint resolution prepared by the Congressional Budget Office to include the cost to each United States citizen for carrying out such measure, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_5159.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-09-24.

What are the main provisions?

Key points include:

  • CBO cost estimates for new bills must now include the proportional financial burden (pro rata cost) for every U.S. citizen.
  • This calculation covers the impact on total federal spending and the total federal debt, broken down per person.
  • The amendment aims to provide citizens with clear information about the financial consequences of legislative actions.
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 Sen. Scott, Rick [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Public Investments