ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 3190, BURMA Act of 2019   [open pdf - 193KB]

From the Document: "H.R. 3190 would authorize the appropriation of $221 million for humanitarian assistance in Burma and the surrounding region and impose sanctions on people and entities that are responsible for human rights violations in that country. [...] CBO [Congressional Budget Office] expects that revenues would increase from penalties for violating economic sanctions on foreign individuals and entities. Based on information from the Office of Foreign Assets Control and analysis of violations and penalties assessed under prior Burmese sanctions programs, CBO estimates that enacting the bill would increase revenues by $46 million over the 2020-2029 period. Those revenues would decline after 2027 when most of the sanctions would expire."

Publisher:
Date:
2019-07-15
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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