To require annual reports on the liabilities and future costs of the Federal Government and its programs.
What it does: Adds SEC. ____. SENSE OF THE SENATE ON REPORTS ON LIABILITIES AND FUTURE COSTS at the end of subtitle A of title IIWhat it changes
1 change to S.Con.Res. 23 · shown in the resolution's text
Adds SEC. ____. SENSE OF THE SENATE ON REPORTS ON LIABILITIES AND FUTURE COSTS at the end of subtitle A of title II
Adds a sectionIn S.Con.Res. 23 · Placed on Calendar Senate
(e) Sunset.--This section shall expire on September 30, 2008.
Inserted: SEC. ____. SENSE OF THE SENATE ON REPORTS ON LIABILITIES AND FUTURE COSTS.
Inserted: It is the sense of the Senate that The Congressional Budget Office shall consult with the Committee on the Budget of the Senate in order to prepare a report containing--
Inserted: (1) an estimate of the unfunded liabilities of the Federal Government;
Inserted: (2) an estimate of the contingent liabilities of Federal programs; and
Inserted: (3) an accrual-based estimate of the current and future costs of Federal programs.
Original wording
At the end of subtitle A of title II, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
At the end of subtitle A of title II, insert the following:
SEC. ____. SENSE OF THE SENATE ON REPORTS ON LIABILITIES AND FUTURE COSTS.
It is the sense of the Senate that The Congressional Budget Office shall consult with the Committee on the Budget of the Senate in order to prepare a report containing--
(1) an estimate of the unfunded liabilities of the Federal Government;
(2) an estimate of the contingent liabilities of Federal programs; and
(3) an accrual-based estimate of the current and future costs of Federal programs.
Legislative Activity
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Senate amendment submitted
March 21, 2003
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Senate amendment submitted
March 21, 2003
Senate amendment proposed (on the floor): Amendment SA 388 proposed by Senator Nickles for Senator Voinovich.(consideration: CR S4259-4260; text: CR S4259)
March 21, 2003
Senate amendment agreed to: Amendment SA 388 agreed to in Senate by Voice Vote.
March 21, 2003
Amendment SA 388 proposed by Senator Nickles for Senator Voinovich. (consideration: CR S4259-4260; text: CR S4259) To require annual reports on the liabilities and future costs of the Federal Government and its programs.
March 21, 2003
Amendment SA 388 agreed to in Senate by Voice Vote.
March 21, 2003