BASIC Act

United States116th CongressHR-3979House of Representatives
Latest legislative activity: Jul 25, 2019

Summary

Official 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.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-2435: BASIC Act

Introduced in Senate

  1. Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    House of Representatives

  2. Introduced in House

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