House
Feb 14, 2025

Fair-Value Accounting and Budget Act

Summary

Official

Fair-Value Accounting and Budget Act This bill requires the Congressional Budget Office (CBO) to provide certain fair-value estimates of federal loan and loan guarantee programs. Under the bill, the fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(2/14/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

RN

Mr. Norman

House (R) South Carolina – 5

Cosponsors (4)

Topics

Latest Action

Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.

Feb 14, 2025

View Bill on Congress.gov