Congressional Budget Office Cost Estimate: S. 394, Metal Theft Prevention Act of 2013   [open pdf - 25KB]

This is the Congressional Budget Office (CBO) Cost Estimate as reported by the Senate Committee on the Judiciary on June 17, 2013. From the Document: "CBO estimates that implementing S. 394 would have no significant cost to the federal government. Enacting the bill could affect direct spending and revenues; therefore, pay-as-you-go procedures apply. However, CBO estimates that any effects would be insignificant. S. 394 would establish new federal crimes relating to the theft and recycling of certain metal taken from critical infrastructure (assets of railroads and electric companies, for example). As a result, the government might be able to pursue cases that it otherwise would not be able to prosecute. CBO expects that S. 394 would apply to a relatively small number of additional offenders, however, so any increase in costs for law enforcement, court proceedings, or prison operations would not be significant. Any such costs would be subject to the availability of appropriated funds."

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