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Bill

Bill

S 1956

Strengthening Agency Management and Oversight of Software Assets Act

119th Congress Introduced by Bill Cassidy and 5 co-sponsors

Bill S 1956 mandates that all proposed legislation include estimated costs of expenditures, enhancing transparency for lawmakers, governments, and taxpayers.

Introduced in Senate
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WeVote Research Nonpartisan
Bill Summary · S 1956

Summary of Bill S 1956

Bill Overview

  • Bill Number: S 1956
  • Title: Requires the estimated cost of mandated expenditures and appropriations within the body of the bill
  • Status: Referred to Investigations and Government Operations
  • Introduced: January 14, 2025
  • Classification: Bill

Purpose and Intent

The primary intent of Bill S 1956 is to enhance transparency and accountability in the legislative process by mandating that all bills include an estimated cost of any mandated expenditures and appropriations. This requirement aims to provide lawmakers and the public with a clearer understanding of the financial implications of proposed legislation before it is enacted.

Key Provisions

  • Cost Estimation Requirement: The bill stipulates that any legislative proposal must contain a detailed estimate of the costs associated with mandated expenditures and appropriations. This includes:

    • Direct costs to state or local governments
    • Potential impacts on taxpayers
    • Long-term financial obligations

  • Inclusion in Bill Text: The estimated costs must be integrated directly into the body of the bill, ensuring that this critical information is readily accessible to legislators and the public during the review process.

Affected Parties

  • Legislators: Members of the legislature will be better equipped to make informed decisions regarding the financial implications of the bills they are voting on.
  • Government Entities: State and local governments will have clearer insights into the financial commitments they may incur as a result of new legislation.
  • Taxpayers: The public will benefit from increased transparency regarding how proposed laws may affect their financial obligations.

Procedural Aspects

  • Current Status: As of January 14, 2025, the bill has been referred to the Committee on Investigations and Government Operations for further consideration.
  • Related Legislation: This bill is related to several prior-session bills (S 4347, S 3123, S 2048, S 1185) and has a companion bill (A 566) which may address similar issues.

Conclusion

Bill S 1956 seeks to improve the legislative process by ensuring that financial implications are clearly outlined in proposed bills. By requiring cost estimates to be included in the text of legislation, the bill aims to foster greater accountability and informed decision-making among lawmakers and the public.

Compiled from official sources — confirm details with the bill’s official record.

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