H.R. 1320 Modern Worker Security Act Cost Estimate
Summary
The Congressional Budget Office (CBO) has released a cost estimate for H.R. 1320, the Modern Worker Security Act. The report details the estimated revenue reduction associated with the bill as reported by the House Committee on Education and Workforce.
What changed
The Congressional Budget Office (CBO) has published a cost estimate for H.R. 1320, the Modern Worker Security Act, as reported by the House Committee on Education and Workforce on February 20, 2026. This document, dated March 17, 2026, provides an analysis of the bill's potential impact on federal revenues, indicating an estimated reduction. The specific details of the revenue reduction are available in the full CBO report.
This cost estimate serves as an informational notice for legislative bodies and potentially affected parties. While it does not impose direct compliance obligations, employers and other stakeholders involved in employee benefits and retirement security should review the CBO's findings to understand the potential fiscal implications of the proposed legislation. No immediate actions are required based solely on this cost estimate, but it informs the ongoing legislative process for H.R. 1320.
Source document (simplified)
H.R. 1320, Modern Worker Security Act
March 17, 2026
Cost Estimate As reported by the House Committee on Education and Workforce on February 20, 2026
View Document 180.56 KB
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