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Fiscal Contingency Preparedness Act

8/7/2025, 4:53 AM

Summary of Bill S 2492

This bill, designated as S. 2492 in the 119th Congress and introduced on July 29, 2025, aims to mandate the Secretary of the Treasury, in collaboration with the Director of the Office of Management and Budget, to assess the Federal Government's capacity to address potential fiscal shocks.

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Current Status of Bill S 2492

Bill S 2492 is currently in the status of Bill Introduced since July 29, 2025. Bill S 2492 was introduced during Congress 119 and was introduced to the Senate on July 29, 2025.  Bill S 2492's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of July 29, 2025

Bipartisan Support of Bill S 2492

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2492

Primary Policy Focus

Alternate Title(s) of Bill S 2492

Fiscal Contingency Preparedness Act
Fiscal Contingency Preparedness Act
A bill to require the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, to examine the ability of the Federal Government to respond to potential fiscal shocks, and for other purposes.

Comments

Sponsors and Cosponsors of S 2492

Mark R. Warner
Mark R. Warner
VirginiaDemocrat
Todd Young
Todd Young
IndianaRepublican

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