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H.R. 5485, Financial Privacy Act of 2023 (CBO Report for Congress)

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Congress 118th
Date Requested Sept. 20, 2023
Requested By the House Committee on Financial Services
Date Sent Nov. 6, 2023
Description:
On September 20, 2023, the House Committee on Financial Services reported four bills. This single, comprehensive document provides estimates for those bills. All of the bills would affect spending subject to appropriation. Only H.R. 5119 would affect direct spending and revenues; thus, pay-as-you-go procedures apply. None of the bills would significantly increase net direct spending or on-budget deficits in any of the four consecutive 10‑year periods beginning in 2034. None of the bills would impose intergovernmental or private-sector mandates. Details of the estimated costs of each bill are discussed in the text below.

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