ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 5116: America COMPETES Reauthorization Act of 2010   [open pdf - 34KB]

"H.R. 5116 would authorize appropriations totaling about $86 billion over the 2011-2015 period for several agencies to support scientific research, industrial innovation, and certain educational activities. Assuming appropriation of the necessary amounts, CBO estimates that implementing the legislation would cost about $65 billion over the 2011-2015 period, and about $20 billion after 2015. Enacting the legislation could increase revenues (from certain fees) and associated direct spending; therefore, pay-as-you-go procedures would apply. However, CBO estimates that the net effects would be negligible for each year. H.R.. 5116 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments."

Publisher:
Date:
2010-05-06
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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