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It’s About Time Act

2/1/2024, 7:00 PM

Congressional Summary of HR 5612

It's About Time Act

This bill changes the calendar period for the federal fiscal year (currently October 1-September 30) to January 1-December 31 beginning in 2025.

Current Status of Bill HR 5612

Bill HR 5612 is currently in the status of Bill Introduced since September 20, 2023. Bill HR 5612 was introduced during Congress 118 and was introduced to the House on September 20, 2023.  Bill HR 5612's most recent activity was Referred to the Committee on the Budget, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of September 20, 2023

Bipartisan Support of Bill HR 5612

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5612

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill HR 5612

It’s About Time Act
It’s About Time Act
To change the calendar period of the Federal fiscal year.

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