HR 4642 · 119th Congress · Government Operations and Politics
Fiscal Contingency Preparedness Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Ordered to be Reported (Amended) by the Yeas and Nays: 39 - 1.(2026-03-18)
Plain Language Summary
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4642 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4642 To require the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, to examine the ability of the Federal Government to respond to potential fiscal shocks, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 23, 2025 Mr. Cline (for himself, Mr. Golden of Maine, Mr. Bergman, and Ms. Perez) introduced the following bill; which was referred to the Committee on Oversight and Government Reform _______________________________________________________________________ A BILL To require the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, to examine the ability of the Federal Government to respond to potential fiscal shocks, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Fiscal Contingency Preparedness Act'…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 4642, Fiscal Contingency Preparedness Act of 2026
Apr 13, 2026As ordered reported by the House Committee on Oversight and Government Reform on March 18, 2026
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (18)
9 Democrats9 Republicans