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BillHR 8570 · 119

Cost Estimate Clarity Act

Introduced
Apr 29, 2026
Cosponsors
0
Traction
0
Last Action
Apr 29, 2026

Bill Summary

Requires the Congressional Budget Office to clearly explain the cost estimates of bills, making it easier for lawmakers and the public to understand the financial impact of proposed laws. Clarifies the format and timing of these cost estimates.

Sponsored By

Ben Cline
Republican · Virginia · House

Bill Journey

  1. Apr 29, 2026
  3. Apr 29, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects lawmakers, government agencies, and the general public by providing them with clearer and more transparent information about the potential costs of proposed laws. It particularly impacts the Congressional Budget Office, which will be responsible for producing these clearer cost estimates.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
CommitteeBudget Committee
IntroducedApr 29, 2026
Last UpdatedApr 29, 2026
Latest ActionReferred 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.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.