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S 2435 116th Congress Senate Economics and Public Finance Budget deficits and national debt Budget process

BASIC Act

Introduced: August 1, 2019 Introduced by: Daines, Steve Republican · Montana See on congress.gov
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2019
Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)
Aug 1, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Budgetary Accuracy in Scoring Interest Costs Act of 2019 or the BASIC Act

This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt.

What's happening now August 1, 2019

Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2435: BASIC Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2435/
MLA
"S. 2435: BASIC Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2435/.
Bluebook (legal)
S. 2435, 116th Cong. (2026), https://openamerica.io/bill/116-S-2435/.
Markdown link
[S. 2435: BASIC Act](https://openamerica.io/bill/116-S-2435/)
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