HR 3785 · 117th Congress

Fair-Value Accounting and Budget Act

<p><strong>Fair-Value Accounting and Budget Act</strong></p> <p>This bill requires the Congressional Budget Office to provide certain fair-value estimates of federal loan and loan guarantee programs. Under the bill, the <em>fair value </em>is the price that would be received to sell an asset or paid to transfer a l…

Sponsor

Norman, Ralph (R-SC)

Introduced

2021-06-08

Policy area

Economics and Public Finance

Latest action

Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.