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MAKE CENTS Act
9/5/2022, 1:37 PM
Congressional Summary of S 3267
Making Americans Know about Excessive spending through Commonsense Efforts to Notice and Target Shenanigans Act or the MAKE CENTS Act
This bill modifies the federal budget process to add reporting requirements, limit spending at the end of a fiscal year, and impose penalties on Congress for failing to approve a budget resolution or the annual appropriations bills on a timely basis.
Among other changes, the bill
- requires federal agencies to report annually to Congress regarding federally funded projects that are more than five years behind schedule or have expenditures that are at least $1 billion more than the original cost estimate for the project;
- requires recipients of federal funding to disclose specified details regarding the cost to the federal government and nongovernmental sources;
- prohibits an executive agency from spending more in the last 2 months of a fiscal year than the agency's average monthly spending for the previous 10 months;
- prohibits Members of Congress from being paid in a fiscal year until both chambers approve the budget resolution and pass all of the regular appropriations bills for that fiscal year; and
- limits congressional recesses, adjournments, and travel if Congress has not completed work on a budget resolution and the annual appropriations bills by certain deadlines.
Read the Full Bill
Current Status of Bill S 3267
Bill S 3267 is currently in the status of Bill Introduced since February 11, 2020. Bill S 3267 was introduced during Congress 116 and was introduced to the Senate on February 11, 2020. Bill S 3267's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of February 11, 2020
Bipartisan Support of Bill S 3267
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3267
Primary Policy Focus
Economics and Public FinancePotential Impact Areas
- Appropriations
- Budget process
- Congressional operations and organization
- Congressional oversight
- Executive agency funding and structure
- Government employee pay, benefits, personnel management
- Government information and archives
- Inflation and prices
- Legislative rules and procedure
- Members of Congress
- Public contracts and procurement
- Research administration and funding
- Senate
- State and local government operations
- Transportation costs
Alternate Title(s) of Bill S 3267
MAKE CENTS Act
MAKE CENTS Act
Making Americans Know about Excessive spending through Commonsense Efforts to Notice and Target Shenanigans Act
A bill to provide adequate information about excessive Federal spending, and for other purposes.
Comments
Sponsors and Cosponsors of S 3267
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