H.R. 5129 · 109th Congress · 2005–2006
Truth in Accounting Act of 2006
H.R. 5129 in the 109th Congress (2005–2006) was introduced on Apr 6, 2006, sponsored by Chris Chocola with 55 co-sponsors.
During the 109th Congress (2005–2006), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Apr 6, 2006
- Co-sponsors
- 55
- Policy area
- Economics and Public Finance
What it does
Truth in Accounting Act of 2006 - Amends federal law to require the Secretary of the Treasury to include in his audited financial statement of the previous year a calculation of the net present value of the overall liabilities and commitments of the U.S. government.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Chris Chocola (R-IN). Co-sponsors: 1 Democrat, 54 Republicans.
Where it stands
- IntroducedApr 6, 2006
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Sponsor introductory remarks on measure. (CR H1959) (May 2, 2006)
More bills from Chris Chocola in the 109th Congress
Other Economics and Public Finance bills in the 109th Congress
- H.R. 1268: Emergency Supplemental Appropriations Act for Defense, the Global War on Terror, and Tsunami…
- H.R. 2361: Department of the Interior, Environment, and Related Agencies Appropriations Act, 2006
- H.R. 3645: Emergency Supplemental Appropriations Act to Meet Immediate Needs Arising From the Consequences of…
- H.R. 3673: Second Emergency Supplemental Appropriations Act to Meet Immediate Needs Arising From the…
- H.J.Res. 68: Making continuing appropriations for the fiscal year 2006, and for other purposes.
- H.R. 2385: To extend by 10 years the authority of the Secretary of Commerce to conduct the quarterly…
- H.J.Res. 72: Making further continuing appropriations for the fiscal year 2006, and for other purposes.
- H.R. 2419: Energy and Water Development Appropriations Act, 2006
- H.R. 2862: Science, State, Justice, Commerce, and Related Agencies Appropriations Act, 2006
- H.R. 2528: Military Quality of Life and Veterans Affairs Appropriations Act, 2006
Committees
- Oversight and Accountability Committee
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 5129 (109th Congress): Truth in Accounting Act of 2006,” https://www.capitolreceipts.com/bill/109-hr-5129/truth-in-accounting-act-of-2006 (accessed 2026-10-17).