H.R. 9714House118th Congress (2023-2025)In Committee

CBO Oversight Act

Introduced September 20, 2024

AI-Generated Summary

Updated January 20, 2026 at 7:09 PM UTC

The CBO Oversight Act amends the 1974 Congressional Budget and Impoundment Control Act to make the Director of the Congressional Budget Office testify at annual hearings held by the House and Senate Budget Committees. The Director must appear at two hearings for each committee each calendar year, covering any topics the committees choose, such as the accuracy of the CBO’s baseline projections. This change directly affects the CBO Director and the two Budget Committees.

Key Provisions

  • Adds a new Section 204 requiring the CBO Director to provide testimony at two hearings per year for each Budget Committee, at the request of the committee chair, by the end of the calendar year.
  • Allows the hearings to address any issues the committees deem appropriate, including review of the accuracy of baseline projections and estimates prepared for the most recent fiscal year.
  • Updates the table of contents of the 1974 Act to insert the new Section 204 entry.

Legislative Activity

Stay on top of the latest movement without scrolling through every action

4 earlier actions
HouseCommittee Latest Action

Ordered to be Reported by the Yeas and Nays: 21 - 12.

September 25, 2024

View full timeline
HouseCommittee

Hearings Held Prior to Introduction

September 11, 2024

HouseIntro Referral

Introduced in House

September 20, 2024

HouseIntro Referral

Referred to the House Committee on the Budget.

September 20, 2024

HouseCommittee

Committee Consideration and Mark-up Session Held

September 25, 2024

HouseCommittee

Ordered to be Reported by the Yeas and Nays: 21 - 12.

September 25, 2024

Floor Debate

1 member

What members said about H.R. 9714 on the floor

1 Republican
Greg Lopez
Rep. Greg LopezR-CO-4 · Dec 18, 2024

Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and include extraneous material on the topic of the Special Order. Mr.…

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in HouseIssued September 20, 2024

I

118th CONGRESS

2d Session

H. R. 9714

IN THE HOUSE OF REPRESENTATIVES

September 20, 2024

Mr. Norman (for himself, Mrs. McClain, and Mr. Lopez) introduced the following bill; which was referred to the Committee on the Budget

A BILL

To amend the Congressional Budget and Impoundment Control Act of 1974 to require the Director of the Congressional Budget Office to provide testimony at annual hearings held by the Committees on the Budget of the House of Representatives and the Senate, and for other purposes.

1.

Short title

This Act may be cited as the CBO Oversight Act.

2.

Congressional Budget Office annual hearings requirement

(a)

In general

Title II of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 601 et seq.) is amended by inserting after section 203 the following new section:

204.

Congressional Budget Office annual hearings requirement

During each calendar year, at the request of the chair of the Committee on the Budget of the House of Representatives or the Senate, the Director shall provide testimony at two hearings at each such Committee by the end of the calendar year. Such hearings may address any issue such Committees deem appropriate, including reviewing the accuracy of the baseline projections and estimates prepared by the Office during the most recently completed fiscal year.

.

(b)

Clerical amendment

The table of contents in section 1(b) of such Act is amended by inserting after the item relating to section 203 the following:

Sec. 204. Congressional Budget Office annual hearings requirement.

.