Code · BILL · 114th Congress · S. 399 (Introduced in Senate) — To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to increase transparency in Federal budgeting,... · Sec. 201

Sec. 201. CBO and OMB studies respecting budgeting for costs of Federal insurance programs

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Not later than 1 year after the date of enactment of this Act, the Director of the Congressional Budget Office and the Director of the Office of Management and Budget shall each prepare a study and make recommendations to the Committee on the Budget of the Senate and the Committee on the Budget of the House of Representatives as to the feasibility of applying fair value concepts to budgeting for the costs of Federal insurance programs.