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H.R. 2860: Deficit Committee Transparency Act

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H.R. 2860: Deficit Committee Transparency Act

112th Congress · introduced 2011-09-07 · Economics and Public Finance · Latest: Referred to the House Committee on Rules.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2011-09-07 · official record
  2. Who proposed it: Rep. Loebsack, David [D-IA-2] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Rules. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Deficit Committee Transparency Act

Plain summary

Deficit Committee Transparency Act - Amends the Budget Control Act of 2011 to require any member of the Joint Select Committee on Deficit Reduction, and any individual on the committee staff or the personal staff of a committee member, to disclose any meeting, within 48 hours after it takes place, with any other individual relating to matters before the committee if the individual: (1) is a registered lobbyist or agent of a foreign principal; (2) has any direct personal or pecuniary interest in any legislative measure pending before the House of Representatives or the Senate or reported by a committee of either chamber; or (3) is in the employ of or represents any party or organization for the purpose of influencing, directly or indirectly, the passage, defeat, or amendment of any legislative proposal. Requires any member of the Joint Committee who is a candidate with an authorized committee or who is a candidate or an individual holding federal office affiliated with a leadership political action committee (PAC) to disclose, within 48 hours of receipt, any contribution such committee or leadership PAC receives from an individual, or any entity, which: (1) is a registered lobbyist or agent of a foreign principal; (2) the authorized committee or leadership PAC, using its best efforts, determines is in the employ of or represents any party or organization for the purpose of directly or indirectly influencing the passage, defeat, or amendment of any legislative proposal; or (3) makes a single contribution in excess of $500. Requires the Co-Chairs of the Joint Committee, before its first meeting, to establish a public website containing: (1) such disclosures of lobbying activities and meetings, and of campaign or Member-designated leadership PAC contributions; (2) the final report on specified activities and contributions; and (3) such other information the Joint Committee or its staff deems necessary and beneficial to inform the public of its proceedings, deliberations, and deadlines. Requires the Joint Committee's proposed report and legislative language to be made publicly available on its website at least 72 hours before the vote on such measures. Requires any hearing of the Joint Committee open to the public to be open to coverage by audio and visual means, including in a format that is streaming on the Internet via the Joint Committee's website.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Deficit Committee Transparency Act

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Loebsack, David [D-IA-2] · 4 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Mike Quigley (D-IL), Chellie Pingree (D-ME)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Authorization
A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Political action committee (PAC)
A committee that raises and spends money to support or oppose candidates. PACs that give directly to federal candidates have contribution limits and report to the Federal Election Commission.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong112-hr2860 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112