,,ii #aadth ,,congress #ast ,session ,s4 #gdi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ag1 #bjae ,mr4 ,portman introduced the following bill2 which was read twice and referred to the ,committee on the ,budget ,a ,,bill ,to require dynamic scoring of major legislation4 #a4 ,short title ,this ,act may be cited as the ,the ,honest ,scoring ,act of #bjae4 #b4 ,honest accounting estimates 7a7 ,definitions ,in this section3 7#a7 ,budget ,the term budget means-- 7,a7 a concurrent resolution on the budget2 or 7,b7 a written statement submitted for printing in the ,congressional ,record by the ,chairman of the ,committee on the ,budget of the ,senate that establishes allocations1 aggregates1 and levels for purposes of enforcing the ,congressional ,budget ,act of #aigd4 7#b7 ,budgetary effects ,the term budgetary effects means changes in outlays or revenues4 7#c7 ,major legislation 7,a7 ,definition ,the term major legislation means any bill1 resolution1 conference report1 or treaty-- 7i7 for which an estimate is prepared under section #djb of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fec7 that indicates that not less than #a of the amounts described in subparagraph 7,b71 before incorporating macroeconomic effects1 is greater than #ae1jjj1jjj1jjj in any fiscal year of the estimate2 or 7ii7 designated as major legislation by the ,chairman of the ,committee on the ,budget of the ,senate or the ,chairman of the ,committee of the ,budget of the ,house of ,representatives4 7,b7 ,amounts ,the amounts described in this subparagraph are-- 7i7 the sum of the individual positive changes in budgetary effects1 not including timing shifts1 resulting from such measure2 and 7ii7 the sum of the absolute value of the individual negative budgetary effects1 not including timing shifts1 resulting from such measure4 7#d7 ,timing shifts ,the term timing shifts means-- 7,a7 a delay of the date on which outlays flowing from direct spending would otherwise occur from one fiscal year to the next fiscal year2 or 7,b7 an acceleration of the date on which revenues would otherwise occur from one fiscal year to the next fiscal year4 7b7 ,requirement for ,,cbo estimates ,an estimate provided by the ,congressional ,budget ,office under section #djb of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fec7 for any major legislation shall include-- 7#a7 an estimate of budgetary effects without macroeconomic effects2 7#b7 an estimate of the budgetary effects from changes in economic output1 employment1 capital stock1 interest rates1 and other macroeconomic variables resulting from the major legislation1 which shall delineate between revenue and outlay effects2 and 7#c7 a total estimate of the budgetary effects incorporating the macroeconomic budgetary effects4 7c7 ,requirement for ,,jct estimates ,an estimate provided by the ,joint ,committee on ,taxation to the ,director of the ,congressional ,budget ,office under section #bja7;f7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fja7;f77 for any major legislation shall include-- 7#a7 an estimate of budgetary effects without macroeconomic effects2 7#b7 an estimate of the budgetary effects from changes in economic output1 employment1 capital stock1 interest rates1 and other macroeconomic variables resulting from the major legislation1 which shall delineate between revenue and outlay effects2 and 7#c7 a total estimate of the budgetary effects incorporating the macroeconomic budgetary effects4 7d7 ,contents of estimates ,an estimate required to be provided under subsection 7b7 or 7c7 shall include-- 7#a7 a qualitative assessment of the budgetary effects 7including macroeconomic variables described in subsections 7b7 and 7c77 of the major legislation in the #bj-;fiscal year period beginning after the last fiscal year of the most recently adopted budget that sets forth appropriate levels required under section #cja of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fcb72 and 7#b7 an identification of the assumptions and the source of data underlying the estimate4