Honest Dynamic Scoring Resolution

1. Short title This resolution may be cited as the Honest Dynamic Scoring Resolution 2. Expansion of types of legislation subject to dynamic scoring in cost estimates (a) Lowering Threshold of Economic Impact Clause 8(d)(1)(A) of rule XIII of the Rules of the House of Representatives is amended by striking 0.25 percent of the current projected gross domestic product for that fiscal year 1 percent of the total amount of discretionary spending in the most recently ended fiscal year (b) Applying Requirement to Appropriation Bills and Joint Resolutions (1) In general Clause 8 of rule XIII of the Rules of the House of Representatives is amended— (A) by redesignating paragraphs (c) and (d) as paragraphs (d) and (e); and (B) by inserting after paragraph (b) the following new paragraph: (c) (1) An estimate provided by the Congressional Budget Office for the Committee on Appropriations for any appropriation bill or joint resolution under section 202(b) of the Congressional Budget Act of 1974 shall, to the extent practicable, incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from such bill or joint resolution. The preceding sentence shall only apply to an estimate with respect to an appropriation bill or joint resolution, or portion thereof, that funds a project, program, or activity authorized by major legislation (as described in paragraph (e)). (2) If the Office provides a range of estimates in addition to a central value under paragraph (1) with respect to such a bill or joint resolution, the central value within such range shall be used for official scoring purposes. (3) Notwithstanding the requirements of subparagraph (1), the Congressional Budget Office may use traditional scoring methods when providing such an estimate if the estimate will be the same under such method and under the method prescribed by such subparagraph. . (2) Conforming amendment Clause 8(d)(1) of such rule, as redesignated by paragraph (1)(A), is amended by striking paragraphs (a) and (b) paragraphs (a), (b), and (c) (3) Clerical amendment The heading of clause 8 of such rule is amended by striking major legislation major legislation and appropriation bills and joint resolutions

Summary: Honest Dynamic Scoring Resolution Amends Rule XIII (Calendars and Committee Reports) of the Rules of the House of Representatives to revise the threshold at which a piece of major legislation's gross budgetary effect requires the Congressional Budget Office (CBO) to provide cost estimates that incorporate macroeconomic variables resulting from the legislation (dynamic scoring). Changes the threshold from 0.25% of the current projected gross domestic product for that fiscal year to 1% of the total amount of discretionary spending in the most recently ended fiscal year. Requires a CBO cost estimate for any appropriation bill or joint resolution which funds a project, program, or activity authorized by major legislation to incorporate the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from the legislation. Requires the central value within a range to be used for official scoring purposes if CBO provides a range of estimates in addition to a central value for such legislation. Authorizes CBO to use traditional scoring methods when making such an estimate if the estimate will be the same under both that method and the dynamic scoring method.