Congressional Budget Office Cost Estimate: H.R. 4058, Preventing Sex Trafficking and Improving Opportunities for Youth in Foster Care Act   [open pdf - 25KB]

This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Ways and Means on April 29, 2014. From the Summary: "H.R. 4058 would make several changes to the Title IV-E [4-E] foster care program within the Department of Health and Human Services (HHS), including imposing new placement and reporting rules. CBO estimates that enacting the bill would increase direct spending by $3 million over the 2014-2024 period; therefore, pay-as-you-go procedures apply to the bill. Enacting H.R. 4058 would not affect revenues. Implementing the bill would not affect spending subject to appropriation. H.R. 4058 would impose intergovernmental mandates, as defined in the Unfunded Mandates Reform Act (UMRA), on state governments by increasing the stringency of conditions in their implementation of the foster care program. CBO estimates, however, that the cost of the mandates would not exceed the threshold established in UMRA for intergovernmental mandates ($76 million in 2014, adjusted annually for inflation)."

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