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H.R. 6470: Increasing Baseline Updates Act
119th Congress · introduced 2025-12-04 · Economics and Public Finance · Latest: Ordered to be Reported by the Yeas and Nays: 26 - 0.
federal
Official title
Increasing Baseline Updates Act
Plain summary
Increasing Baseline Updates Act This bill requires the Congressional Budget Office (CBO) to submit to Congress at least two updates to its annual baseline unless CBO is otherwise directed by the chairs of the congressional budget committees. At least one of the updates must include the economic data used by CBO to calculate the update. (A baseline is a projection of federal spending and receipts during a fiscal year under current law. Under current law, CBO is required to publish the baseline by February 15 of each year. While there is no statutory requirement for specific updates, CBO generally provides an update with its analysis of the President's annual budget request. It has also provided some updates during the summer, depending on the timing of the President's budget request.) The bill also requires the President to submit technical budget data to Congress on or before February 1 of each year to the extent this is practicable. Currently, federal agencies provide the data to Congress as part of the President's budget request.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
Increasing Baseline Updates Act
Source: Congressional Research Service summary (Introduced in House)
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Officials and money
Sponsor: Rep. Moore, Blake D. [R-UT-1] · 7 cosponsors
Money: CBO cost estimate: H.R. 6470, Increasing Baseline Updates Act (2026-10-20) No linked contracts or vendors yet.
Words on this page, explained (3)
- 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.
- Statute
- A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr6470.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>
Record fed-us-cong119-hr6470 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills