Congressional Budget Office Cost Estimate: H.R. 3892: Muslim Brotherhood Terrorist Designation Act of 2015   [open pdf - 19KB]

"H.R. 3892 would require the Department of State to consult with the intelligencecommunity and report to the Congress on whether the Muslim Brotherhood meets thecriteria to be designated as a foreign terrorist organization (FTO). The department wouldbe required to provide a detailed explanation if it finds that organization does not meet thecriteria for such a designation, or if it finds that the organization qualifies but the Secretarydoes not designate it as an FTO. Under current law, it is illegal for U.S. persons to providesupport to FTOs and U.S. financial institutions must report any FTO funds under theircontrol to the Department of the Treasury. Members of FTOs are also subject to beingdenied entry into the United States or deportation.CBO [Congressional Budget Office] estimates that reporting to the Congress would cost less than $500,000 over the2016-2021 period; such spending would be subject to the availability of appropriatedfunds. Enacting H.R. 3892 would not affect direct spending or revenues; therefore,pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 3892 would notincrease net direct spending or on-budget deficits in any of the four consecutive 10-yearperiods beginning in 2027."

Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Media Type:
Help with citations