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US HR507

US HR507
Zero-based Budgeting Ensures Responsible Oversight (ZERO) Act of 2017


summary

Introduced
01/12/2017
In Committee
01/12/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Zero-based Budgeting Ensures Responsible Oversight (ZERO) Act of 2017 This bill requires the President to submit annual department and agency budgets that include: a description of each activity for which funds were appropriated during the current year or are requested for the budget year; the legal basis for each activity; three alternative funding levels and the priorities that could be accomplished with each, including at least two levels that are below the current funding level; and measures of cost efficiency and effectiveness for each activity. The Office of Management and Budget must publish guidelines to carry out this bill by assuming the baseline budget of each department or agency to be zero and requiring each proposed expenditure to be justified as if it were new.

AI Summary

This bill, the Zero-based Budgeting Ensures Responsible Oversight (ZERO) Act of 2017, requires the President to submit annual department and agency budgets that include detailed information about each activity, its legal basis, and three alternative funding levels (with at least two below the current level) along with measures of cost efficiency and effectiveness. The Office of Management and Budget (OMB) must publish guidelines to implement this, with the baseline budget of each department or agency assumed to be zero and each proposed expenditure justified as if it were new.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to the House Committee on the Budget. (on 01/12/2017)

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