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

Bill: 117-hr-8067
Sponsor: full_name: Rep. Yarmuth, John A. [D-KY-3]
Introduced: 2022-06-14
Policy area: Economics and Public Finance
Latest action: action_date: 2022-06-14
text: Referred to the House Committee on the Budget.

Summaries:
action_date: 2022-06-14
action_desc: Introduced in House
text: <p>This bill modifies requirements regarding the development and improvement of cost estimates for federal direct loan and loan guarantee programs.</p> <p> 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. </p>

tv_txt: I 117th CONGRESS 2d Session H. R. 8067 IN THE HOUSE OF REPRESENTATIVES June 14, 2022 Mr. Yarmuth introduced the following bill; which was referred to the Committee on the Budget A BILL To make technical changes clarifying section 503 of the Federal Credit Reform Act of 1990.

1. Technical changes with respect to cost estimates Section 503(d) of the Federal Credit Reform Act of 1990 ( 2 U.S.C. 661b(d) ) is amended by striking the period at the end and inserting , which shall include the percent guaranteed on loan guarantee commitments. .