Legislative Activity

The COST Act mandates that any entity using federal funds for a program, project, or activity must disclose the percentage and dollar amount of the total cost covered by these funds in all related documents and communications. Compliance will be certified through performance progress reporting. The Office of Management and Budget will conduct annual reviews and provide a public mechanism for reporting non-compliance.

The "Fair-Value Accounting and Budget Act" mandates the use of fair-value estimates, in addition to credit reform estimates, for all federal loan and loan guarantee programs by the Congressional Budget Office (CBO). It requires the CBO to include both fair-value and credit reform estimates in its annual budget and economic outlook. Additionally, the Office of Management and Budget (OMB) must submit an annual report to Congress on fair-value estimates of federal credit programs. Both CBO and OMB are required to use the Government Accounting Standards Board's definition of "fair value" in their estimates.

The "Ensuring Accurate and Complete Abortion Data Reporting Act of 2025" mandates that states must submit comprehensive abortion data to the CDC to receive Medicaid funding for family planning services. This act aims to standardize abortion data collection nationwide by requiring the CDC to create a standard data collection worksheet, and ensure the publication of annual reports on abortion statistics. Penalties are in place for states that knowingly submit false information.

This bill proposes a constitutional amendment to limit the number of terms a member of Congress can serve. Representatives would be limited to 3 terms and Senators to 2 terms, with specific rules for partial terms. Terms served before the amendment's ratification would not be counted. The amendment must be ratified by three-fourths of the states within seven years to be valid.