ABSTRACT

Congressional Budget Office Cost Estimate: S. 1064: Enhanced Oversight of State and Local Economic Recovery Act   [open pdf - 30KB]

Alternate Title: CBO Cost Estimate: S. 1064: Enhanced Oversight of State and Local Economic Recovery Act

This is a CBO cost estimate for S. 1064, which would "allow state and local governments to purchase certain goods and services at the same discounted prices charged to the federal government. Eligible purchases under the bill would include those funded through grants provided in Public Law 111-5, the American Recovery and Reinvestment Act (Recovery Act). The legislation also would allow state and local governments to use a portion of their Recovery Act funds to monitor and account for those funds. CBO estimates that enacting S. 1064 would increase offsetting collections and associated spending of fees charged by the General Services Administration (GSA), but the net effect on the federal budget would be negligible. The bill would have no effect on revenues."

Publisher:
Date:
2009-05-21
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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