Congressional Budget Office Cost Estimate: S. 1848: Trafficking Victims Protection Reauthorization Act of 2017   [open pdf - 113KB]

"S. 1848 would reauthorize foreign assistance programs within the Department of State that combat trafficking in persons. The bill would specifically authorize the appropriation of $77 million each year over the 2018-2020 period and $115 million a year over the 2021-2023 period for those purposes. In total, CBO [Congressional Budget Office] estimates that implementing the bill would cost $358 million over the 2018-2022 period, assuming appropriation of the authorized amounts. The remaining amounts would be spent in years after 2022. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 1848 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 1848 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments."

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