On the recordDecember 5, 2024
Mr. Speaker, I include in the Record the CBO score for this bill. H.R. 7198, PROVE IT ACT OF 2024 AS REPORTED BY THE HOUSE COMMITTEE ON THE JUDICIARY ON NOVEMBER 22, 2024 ------------------------------------------------------------------------ By fiscal year, millions of dollars-- ----------------------------------- 2025 2025-2029 2025-2034 ------------------------------------------------------------------------ Direct Spending (Outlays)........... 1 5 10 Revenues............................ * * -7 Increase or Decrease (-) in the 1 5 17 Deficit............................ Spending Subject to Appropriation 6 40 not (Outlays).......................... estimated ------------------------------------------------------------------------ * = between -$500,000 and zero. Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035? < $2.5 billion. Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035? < $5 billion. Statutory pay-as-you-go procedures apply? Yes. Mandate Effects: Contains intergovernmental mandate? No. Contains private-sector mandate? Yes, under threshold.…





