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H.R. 1457: FIVE Act

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H.R. 1457: FIVE Act

113th Congress · introduced 2013-04-10 · Economics and Public Finance · Latest: Referred to the House Committee on Oversight and Government Reform.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2013-04-10 · official record
  2. Who proposed it: Rep. Farenthold, Blake [R-TX-27] · 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 Oversight and Government Reform. 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

FIVE Act

Plain summary

Fiscal Instruction for a Vibrant Economy Act or FIVE Act - Requires, for FY2013, within 30 days after enactment of this Act, and for FY2014 and each subsequent fiscal year, within 30 days after the President's budget submission to Congress, each federal department and agency to report to the congressional appropriations committees an operating budget that reflects a 5% reduction from the amount requested for it in the President's most recent budget submission.

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

FIVE Act

Source: Congressional Research Service summary (Introduced in House)

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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. Farenthold, Blake [R-TX-27] · 0 cosponsors

Cost estimate: No cost estimate published yet.

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)
Appropriation
Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Fiscal year
The 12-month period a government uses for its budget. The federal fiscal year runs from October 1 to September 30 and is named for the calendar year in which it ends. Most states use July 1 to June 30.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong113-hr1457 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113