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H.R. 8067: To make technical changes clarifying section 503 of the Federal Credit Reform Act of 1990.

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H.R. 8067: To make technical changes clarifying section 503 of the Federal Credit Reform Act of 1990.

117th Congress · introduced 2022-06-14 · Economics and Public Finance · Latest: Referred to the House Committee on the Budget.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2022-06-14 · official record
  2. Who proposed it: Rep. Yarmuth, John A. [D-KY-3] · 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 the Budget. 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

To make technical changes clarifying section 503 of the Federal Credit Reform Act of 1990.

Plain summary

This bill modifies requirements regarding the development and improvement of cost estimates for federal direct loan and loan guarantee programs. Under current law, federal agencies are required to provide the Congressional Budget Office and the Office of Management and Budget with access to all agency data that may facilitate the development and improvement of the cost estimates. This bill specifies that this data must include the percent guaranteed on loan guarantee commitments.

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

To make technical changes clarifying section 503 of the Federal Credit Reform Act of 1990.

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Rep. Yarmuth, John A. [D-KY-3] · 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)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
CBO cost estimate
The Congressional Budget Office's estimate of how a federal bill would change government spending and revenue. CBO is nonpartisan.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr8067 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117