[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-hr-1388":4},null,{"bill":5,"indexable":144,"summaries":145,"cosponsors":151,"cosponsorSlugs":172,"actions":177,"amendments":203,"amendmentSponsorSlugs":204,"linkages":205,"sponsorSlug":206},{"statusDate":6,"sponsor":7,"updateDate":15,"cboCostEstimates":16,"originChamber":17,"congress":18,"isByRequest":19,"title":20,"createdAt":21,"committeeReports":22,"cosponsorCount":23,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":24,"actionCount":23,"popularTitle":3,"laws":3,"billType":25,"introducedDate":6,"committees":26,"congressGovUrl":27,"constitutionalAuthority":28,"policyArea":29,"deletedAt":3,"latestAction":30,"billNumber":32,"cosponsorCountIncludingWithdrawn":23,"status":33,"keyMilestoneCount":34,"shortTitle":20,"officialTitle":35,"subjects":36,"updatedAt":39,"policyAreaLower":40,"searchTokens":41,"committeeCodes":143},"2025-02-14",{"firstName":8,"lastName":9,"district":10,"fullName":11,"state":12,"party":13,"bioguideId":14},"Ralph","Norman","5","Rep. Norman, Ralph [R-SC-5]","SC","R","N000190","2025-05-07T14:39:06Z",[],"House",119,false,"Fair-Value Accounting and Budget Act","2026-05-11T16:09:20.826Z",[],4,0,"hr",[],"https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fhouse-bill\u002F1388","\u003Cpre>\n[Congressional Record Volume 171, Number 31 (Friday, February 14, 2025)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [\u003Ca href=\"https:\u002F\u002Fwww.gpo.gov\">www.gpo.gov\u003C\u002Fa>]\nBy Mr. NORMAN:\nH.R. 1388.\nCongress has the power to enact this legislation pursuant\nto the following:\nTo ammend the Congressional Budget and Impoundment Control\nAct of 1974 to provide for fair-value credit estimates, and\nfor other purposes.\n[Page H715]\n\u003C\u002Fpre>","Economics and Public Finance",{"date":6,"text":31},"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.",1388,"in_committee",2,"To amend the Congressional Budget and Impoundment Control Act of 1974 to provide for fair-value credit estimates, and for other purposes.",[37,38],"Congressional oversight","Government lending and loan guarantees","2026-05-22T16:52:55.822Z","economics and public finance",[42,43,44,45,46,47,48,49,50,51,52,53,54,55,56,57,58,59,60,61,62,63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81,82,83,84,85,86,87,88,89,90,91,92,93,94,95,96,97,98,99,100,101,102,103,104,105,106,107,108,109,110,111,112,113,114,115,116,117,118,119,120,121,122,123,124,125,126,127,128,129,130,131,132,133,134,135,136,137,138,139,140,141,142],"fair","fa","fai","value","va","val","valu","accounting","ac","acc","acco","accou","accoun","account","accounti","accountin","and","budget","bu","bud","budg","budge","act","to","amend","am","ame","amen","the","congressional","co","con","cong","congr","congre","congres","congress","congressi","congressio","congression","congressiona","impoundment","im","imp","impo","impou","impoun","impound","impoundm","impoundme","impoundmen","control","cont","contr","contro","of","1974","19","197","provide","pr","pro","prov","provi","provid","for","credit","cr","cre","cred","credi","estimates","es","est","esti","estim","estima","estimat","estimate","other","ot","oth","othe","purposes","pu","pur","purp","purpo","purpos","purpose","rep","norman","no","nor","norm","norma","ralph","ra","ral","ralp","sc",[],true,[146],{"versionCode":147,"actionDate":6,"actionDesc":148,"text":149,"updateDate":150},"00","Introduced in House","\u003Cp>\u003Cstrong>Fair-Value Accounting and Budget Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill requires the Congressional Budget Office (CBO) to provide certain fair-value estimates of federal loan and loan guarantee programs. Under the bill, the \u003Cem>fair value \u003C\u002Fem>is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair-value estimates generally use private-market interest rates to estimate the cost of a loan program rather than rates based on Treasury securities.\u003C\u002Fp>\u003Cp>The bill requires CBO to include fair-value estimates in (1) any estimate prepared for a measure that establishes or modifies a loan or loan guarantee program, and (2) its publication titled\u003Cem> The Budget and Economic Outlook. \u003C\u002Fem>If CBO provides a fair-value estimate pursuant to this bill, the chairs of the congressional budget committees must use the estimate to determine compliance with budget enforcement requirements.  \u003C\u002Fp>\u003Cp>The bill also requires the Office of Management and Budget to submit an annual report to Congress on fair-value estimates of the costs of federal credit programs.  \u003C\u002Fp>","2025-05-07T14:33:23Z",[152,158,163,168],{"bioguideId":153,"fullName":154,"party":13,"state":155,"district":156,"sponsorshipDate":157,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"E000246","Rep. Edwards, Chuck [R-NC-11]","NC","11","2025-02-21",{"bioguideId":159,"fullName":160,"party":13,"state":161,"district":162,"sponsorshipDate":6,"isOriginalCosponsor":144,"withdrawn":19,"sponsorshipWithdrawnDate":3},"G000576","Rep. Grothman, Glenn [R-WI-6]","WI","6",{"bioguideId":164,"fullName":165,"party":13,"state":166,"district":167,"sponsorshipDate":6,"isOriginalCosponsor":144,"withdrawn":19,"sponsorshipWithdrawnDate":3},"S001224","Rep. Self, Keith [R-TX-3]","TX","3",{"bioguideId":169,"fullName":170,"party":13,"state":166,"district":171,"sponsorshipDate":6,"isOriginalCosponsor":144,"withdrawn":19,"sponsorshipWithdrawnDate":3},"W000814","Rep. Weber, Randy K. 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