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Code · BILL · 114th Congress · S. Con. Res. 11 (Engrossed in Senate) — Setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the ap... · Sec. 412

Sec. 412. Fair value estimates

102 words·~1 min read·/bill/114/sconres/11/es/section-412

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Any estimate prepared by the Director of the Congressional Budget Office for a bill, joint, resolution, motion, amendment, amendment between the Houses, or conference report under the terms of title V of the Congressional Budget Act of 1974 ( 2 U.S.C. 661 et seq. ), shall include, when practicable, an additional estimate of the cost, measured on a fair value basis, of changes that would affect the amount or terms of new Federal loans or loan guarantees or of modifications to existing Federal loans or loan guarantees arising from the bill, joint resolution, motion, amendment, amendment between the Houses, or conference report.
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Sec. 412
Fair value estimates
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