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Congressional Budget Office Cost Estimate: S. 2497, United States-Israel Security Assistance Authorization Act of 2018
From the Summary: "S. 2497 would authorize the appropriation of $3.3 billion annually over the 2019-2028 period for assistance to Israel under the Foreign Military Financing (FMF) program. It also would authorize ongoing programs to collaborate with Israel and require reports to the Congress on aspects of our relationship with that country."
United States. Congressional Budget Office
2018-07-23
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Congressional Budget Office Cost Estimate: H.R. 3683, A Bill to Amend the Energy Independence and Security Act of 2007 to Improve United States-Israel Energy Cooperation, and For Other Purposes
From the Summary: "H.R. 3683 would reauthorize a grant program, administered by the Department of Energy (DOE), which supports joint ventures between U.S. and Israeli entities aimed at promoting certain energy-related technologies. CBO [Congressional Budget Office] estimates that implementing H.R. 3683 would cost $10 million over the 2015-2019 period, assuming appropriation of the necessary amounts. Because enacting the legislation could affect net direct spending, pay-as-you-go procedures apply, however, CBO estimates that any such effects would be negligible. H.R. 3683 would not affect revenues. H.R. 3683 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."
United States. Congressional Budget Office
2014-01-16
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Congressional Budget Office Cost Estimate: S. 1933, Global Magnitsky Human Rights Accountability Act
"S. 1933 would require the Departments of State and Treasury to impose sanctions on persons responsible for human rights violations or significant corruption in foreign countries. Those persons would be ineligible for entry into the United States, have any existing visas revoked, and have their assets frozen. The legislation also would require periodic reports to the Congress on the implementation of the bill. Based on information from the Department of State, CBO [Congressional Budget Office] expects the department would hire seven additional staff to implement the bill's provisions at an annual cost of about $200,000 per person. CBO further estimates that the administrative costs to the Department of Treasury would be insignificant over the next five years. On that basis, and adjusting for anticipated inflation, CBO estimates that implementing S. 1933 would cost $6 million over the 2015-2019 period, assuming appropriation of the necessary amounts."
United States. Congressional Budget Office
2014-07-14
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Congressional Budget Office Cost Estimate: H.R. 1632, Southeast Asia Strategy Act, June 20, 2019
"H.R. 1632 would require the Department of State to develop and submit to the Congress a comprehensive strategy to deepen and expand U.S. relations with the countries of Southeast Asia and the Association of Southeast Asian Nations."
United States. Congressional Budget Office
2019-06-28
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Congressional Budget Office Cost Estimate: H.R. 4405, Sergei Magnitsky Rule of Law Accountability Act of 2012
"H.R. 4405 would require the Departments of State and Treasury to compile, publish, and annually report on a list of persons responsible for the death of Sergei Magnitsky and other human rights violations in Russia. Listed persons would be ineligible for entry into the United States, have any existing visas revoked, and have their assets frozen. The Treasury would create the regulations governing frozen assets. Based on information from the two departments and assuming the availability of appropriated funds, CBO [Congressional Budget Office] estimates implementing H.R. 4405 would cost $1 million over the 2013-2017 period, for increased administrative expenses at the agencies. The Statutory Pay-As-You-Go Act of 2010 establishes budget-reporting and enforcement procedures for legislation affecting direct spending or revenues. Enacting H.R. 4405 would decrease revenues from visa fees and increase revenues from civil and criminal penalties imposed on those who violate the regulations. CBO estimates that the provisions would affect few people and that the net effect on revenues deposited in the Treasury would not be significant in any year. The legislation also would increase direct spending from criminal penalties, which are deposited in the Crime Victims Fund, and spent in subsequent years. CBO expects that any net effects associated with collecting and spending such penalties also would not be significant in any year."
United States. Congressional Budget Office
2012-06-29
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Congressional Budget Office Cost Estimate: H.R. 5656, Global Food Security Act of 2014
This Cost Estimate was ordered by the House Committee on Foreign Affairs on November 20, 2014. "H.R. 5656 would require the President to develop and implement a strategy to improve global food security. In carrying out that strategy, the Administration would provide assistance to developing countries to reduce chronic hunger and poverty, support economic growth by expanding agricultural output, and improve nutrition, primarily among women and children. The President would collaborate with other federal government entities, multilateral and nongovernment organizations, the private sector, and research institutes to achieve those goals. The bill also would require the Administration to submit a detailed report to the Congress. The report would include data about beneficiaries, descriptions of the progress of the Global Food Security Strategy, and efforts to coordinate international food programs with other entities. H.R. 5656 would authorize appropriations of slightly more than $1 billion in 2015 for the strategy to improve global food security. Based on the historical spending patterns of similar development assistance programs administered by the Administration, CBO [Congressional Budget Office] estimates that implementing the bill would cost $905 million over the 2015-2019 period, assuming appropriation of the specified amounts. (Most of the remainder would be spent in subsequent years.) Enacting H.R. 5656 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply."
United States. Congressional Budget Office
2014-12-02
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Congressional Budget Office Cost Estimate: H.R. 4681, No Assistance for Assad Act
"H.R. 4681 would make certain foreign assistance to Syria subject to a Presidential certification and would require the President to report to the Congress on such certifications and on the delivery of humanitarian assistance to Syria. Under the bill, the Administration would generally be prohibited from using amounts appropriated over the 2019-2023 period to stabilize or reconstruct areas of Syria controlled by the Syrian government or associated forces. The bill would allow such assistance only if the President certified that the Syrian government had stopped attacking civilians and was making progress in other areas such as protecting human rights, restoring law and order, and complying with its obligations under international treaties. Certain types of assistance, including humanitarian assistance, would be exempt from the required certification. [...] Based on the costs of similar reporting requirements, CBO [Congressional Budget Office] estimates implementing the bill would cost less than $500,000 over the 2018-2023 period, subject to the availability of appropriated funds."
United States. Congressional Budget Office
2018-03-28
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Congressional Budget Office Cost Estimate: S. 2101, Iran Sanctions, Accountability, and Human Rights Act of 2012
From the Summary: "S. 2101 would broaden sanctions against entities engaging in certain transactions with Iran and Syria. Specifically, the bill would impose sanctions against entities that: [1] Participate in joint ventures with the government of Iran to expand uranium mining or production; [2] Sell or lease technology that would improve or expand Iran's ability to develop domestic petroleum sources, or refine petroleum and petrochemicals; [3] Transfer goods or technology that would be used to abuse the human rights of Iranian and Syrian citizens; [4] Provide material support to the Iranian Revolutionary Guard Corps; or [5] Provide payment information services to the Central Bank of Iran or other financial institutions that engage in certain transactions with Iran. The bill also would expand reporting requirements for the Departments of State and the Treasury, as well as the Government Accountability Office (GAO). Finally, the bill would require publicly traded companies to disclose certain information to the Securities and Exchange Commission (SEC) related to financial dealings with Iranian companies or their affiliates. CBO [Congressional Budget Office] estimates that implementing the provisions of S. 2101 would have a discretionary cost of $38 million over the 2012-2017 period to meet additional administrative requirements under the bill, assuming appropriation of the necessary amounts."
United States. Congressional Budget Office
2012-02-27
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Congressional Budget Office Cost Estimate: H.R. 4744, Iran Human Rights and Hostage-Taking Accountability Act
"H.R. 4744 would amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195), primarily to impose sanctions on people and entities responsible for certain cases of politically motivated harassment, abuse, extortion, or extended detention or trial. In addition, H.R. 4744 would require the Administration to provide to the Congress reports on the implementation of the bill and a strategy to prevent Iran from detaining U.S. citizens and residents or taking them hostage. Implementing H.R. 4744 would increase administrative costs at the Department of State and the Department of the Treasury. Based on the costs of implementing similar legislation, CBO [Congressional Budget Office] estimates that administering the specified sanctions and implementing the reporting requirements would cost less than $500,000 each year and would total $1 million over the 2018-2023 period. That spending would be subject to the availability of appropriated funds."
United States. Congressional Budget Office
2018-03-28
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Congressional Budget Office Cost Estimate: S. 178, Uyghur Human Rights Policy Act of 2019
"'S. 178 would require the Administration to provide several reports to the Congress on the Chinese government's repression of ethnic and religious minorities in China, especially of Uyghur people in the Xinjiang region. [...] The bill also would require the Department of State to assess whether to sanction Chinese government officials under existing laws that are intended to protect human rights. Finally, the bill would authorize the department to assess the feasibility of creating a database to which U.S. citizens and residents could voluntarily report missing family members. Such information would then be used to hold the Chinese government accountable for its actions and to expedite the processing of applications for asylum in the United States from Uyghurs and other Muslim minorities. On the basis of information about similar reporting requirements, CBO [Congressional Budget Office] estimates that implementing the bill would cost less than $500,000 each year and total $2 million over the 2019-2024 period; such spending would be subject to the availability of appropriated funds."
United States. Congressional Budget Office
2019-06-05
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Congressional Budget Office Cost Estimate: S. 410, Sunshine in the Courtroom Act of 2011
From the Summary: "S. 410 would authorize U.S. district and appellate judges and the Chief Justice of the Supreme Court to permit the photographing, recording, broadcasting, and televising of court proceedings if such activities would not violate the due process rights of the parties involved. The authority provided to district court judges under S. 410 would expire three years after the date of enactment. The bill also would authorize the Judicial Conference of the United States to promulgate guidelines for obscuring the identity of certain types of witnesses from a broadcast audience. Based on information from the Administrative Office of the U.S. Courts, CBO [Congressional Budget Office] estimates that, assuming the availability of appropriated funds, implementing the bill would cost $5 million over the 2012-2016 period. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply."
United States. Congressional Budget Office
2011-04-26
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Congressional Budget Office Cost Estimate: H.R. 5041, Naftali Fraenkel Rewards for Justice Act of 2014
This is a Congressional Budget Office (CBO) cost estimate for H.R. 5041. "H.R. 5041 would authorize the State Department to offer a reward for information about the kidnapping and murder of Naftali Fraenkel earlier this year. The reward would be made under the terms and conditions of the department's Rewards for Justice Program, which uses appropriated funds to offer cash awards for information leading to the capture or conviction of certain terrorists and criminals, and for other related purposes. Given the uncertainties associated with estimating when individuals might come forward with pertinent information, CBO has no basis to estimate when and in what amounts such rewards might be paid. The bill also would require the department to provide additional details in its reports to the Congress on the rewards program. CBO estimates that implementing the additional reporting requirements would cost less than $500,000 over the 2015-2019 period, assuming the availability of appropriated funds. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues."
United States. Congressional Budget Office
2014-08-08
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Congressional Budget Office Cost Estimate: S. J. Res. 44, A Joint Resolution Granting Consent of Congress to the State and Province Emergency Management Assistance Memorandum of Understanding
"S. J. Res 44 would grant Congressional consent to the State and Province Emergency Management Assistance Memorandum of Understanding (MoU) entered into between multiple states in the United States and provinces of Canada. CBO [Congressional Budget Office] estimates that granting consent to the MoU would have no impact on the federal budget. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. S. J. Res. 44 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments. The joint resolution would grant the consent of the Congress to a MoU entered into between the states of Illinois, Indiana, Ohio, Michigan, Minnesota, Montana, North Dakota, Pennsylvania, New York, and Wisconsin and four provinces of Canada (other states and provinces may agree to the MoU at a later date). The MoU allows participating jurisdictions to cooperate in planning and training exercises and to provide mutual assistance following an emergency or disaster."
United States. Congressional Budget Office
2012-08-23
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Congressional Budget Office Cost Estimate: H.R. 6018, Foreign Relations Authorization Act, Fiscal Year 2013
From the Summary: "H.R. 6018 would authorize appropriations for the Department of State and related agencies, the Peace Corps, and international broadcasting activities. CBO [Congressional Budget Office] estimates that implementing the bill would cost $15.8 billion over the 2013-2017 period, assuming appropriation of the specified and estimated amounts. CBO estimates that enacting certain provisions would affect direct spending, and thus, pay-as-you-go procedures would apply. We estimate that the net effect on direct spending of those provisions would not be significant. Enacting the bill would not affect revenues. The bill would impose intergovernmental and private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). CBO estimates that the aggregate costs of mandates on state, local, and tribal governments would fall below the annual threshold established in UMRA for intergovernmental mandates ($73 million in 2012, adjusted annually for inflation). CBO estimates that the aggregate cost of mandates on private entities would exceed the annual threshold established in UMRA for private-sector mandates ($146 million in 2012, adjusted annually for inflation)."
United States. Congressional Budget Office
2012-07-17
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Congressional Budget Office Cost Estimate: S. 2215, Increasing American Jobs Through Greater Exports to Africa Act of 2012
From the Summary: "S. 2215 would expand federal programs and initiatives to promote exports to Africa. CBO [Congressional Budget Office] estimates that implementing the bill would have discretionary costs of $24 million over the 2013-2017 period, assuming appropriation of the necessary amounts. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. S. 2215 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."
United States. Congressional Budget Office
2012-10-26
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Congressional Budget Office Cost Estimate: S. 3406, Russia and Moldova Jackson-Vanik Repeal and Magnitsky Rule of Law Accountability Act of 2012
"CBO [Congressional Budget Office] estimates that implementing S. 3406 would cost $7 million over the 2013-2017 period, assuming appropriation of the necessary amounts. The bill would affect direct spending and revenues; therefore, pay-as-you-go procedures apply, but CBO estimates that any such effects would not be significant in any year. S. 3406 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. S. 3406 would remove Moldova and the Russian Federation from the list of countries specified under title IV of the Trade Act of 1974 (the Jackson-Vanik amendment), thereby granting them permanent normal trade relations (NTR) with the United States. Those countries have had NTR status with the United States for about 20 years, and CBO's baseline reflects the expectation that they will maintain that status. Establishing permanent NTR with Moldova and the Russian Federation could potentially increase tariff collections by lifting quotas on certain imported goods. CBO estimates, however, that any such effects would be insignificant over the 2013-2022 period."
United States. Congressional Budget Office
2012-07-24
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Congressional Budget Office Cost Estimate: H.R. 2196, A Bill to Amend Title 5, United States Code, to Allow Whistleblowers to Disclose Information to Certain Recipients
"H.R. 2196 would amend the Whistleblower Protection Act (WPA) to extend protections to disclosures of classified information to any supervisor in an employee's chain of command. Under current law, only disclosures to a direct supervisor are protected. The Merit Systems Protection Board (MSPB) hears claims against federal agencies brought by whistleblowers. Expanding the scope of the protections to include additional supervisors could increase the number of such hearings and any related costs (such as those related to job restoration, back pay, reimbursement of attorneys' fees, and medical costs). However, based on information from the MSPB and the Office of Special Counsel about the likely number of additional cases under the bill, CBO [Congressional Budget Office] expects that additional cases dealing with disclosures of classified information would be very limited in number. Thus, CBO estimates that implementing H.R. 2196 would have no significant cost. Enacting the legislation could affect direct spending by agencies not funded through annual appropriations; therefore, pay-as-you-go procedures apply. However, CBO estimates that any net increase in spending by those agencies would be negligible. Enacting H.R. 2196 would not affect revenues."
United States. Congressional Budget Office
2017-05-22
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Congressional Budget Office Cost Estimate: H.R. 1730, Protecting Religiously Affiliated Institutions Act of 2017
"H.R. 1730 would broaden the coverage of current laws against damaging religious property; that change would allow the government to pursue some cases that it otherwise may not be able to prosecute. CBO [Congressional Budget Office] expects that the bill would apply to a relatively small number of offenders, however, so any increase in costs for law enforcement, court proceedings, or prison operations would not be significant. Any such spending would be subject to the availability of appropriated funds. Because people prosecuted and convicted under H .R. 1730 could be subject to criminal fines, the federal government might collect additional fines under the bill. Criminal fines are recorded as revenues, deposited in the Crime Victims Fund, and later spent without further appropriation action. CBO expects that any additional revenues and associated direct spending would not be significant because the bill would probably affect a small number of cases."
United States. Congressional Budget Office
2017-11-20
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Congressional Budget Office Cost Estimate: Estimated Budgetary Effects of S. 2938, Bipartisan Safer Communities Act, as Amended by Senate Amendment Number 5099
From the Document: "Title I would amend the Medicaid program to promote access to mental health services in communities and schools. Section 11001 would expand Medicaid's Certified Community Behavioral Health Clinics demonstration by allowing all states and the District of Columbia to participate in the demonstration. (Under current law nine states are authorized to implement the demonstration.) The provision would permit new states to operate their demonstrations for four years and, for the nine states currently partcipating [sic], increase the number of years they can operate their demonstrations. CBO [Congressional Budget Office] estimates that the provision would increase direct spending because payment rates for services provided in certified community behavioral health clinics would be higher under the demonstration than under current law. [...] Sec. 12004 would codify the prohibition of straw purchasing and trafficking of firearms and enhance penalties. [...] Section 13101 would delay for one year the implementation of a rule affecting the treatment of pharmaceutical manufacturers' rebates in Medicare Part D. Section 13201 would appropriate $7.495 billion for the Medicare Improvement Fund. Title II would impose private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). CBO estimates that the aggregate cost of those mandates would not exceed the threshold established in UMRA ($184 million in 2022, adjusted annually for inflation). The bill would impose private-sector mandates on dealers of firearms and eligible firearm buyers under 21 years of age, and private sellers of firearms. Section 12001 would extend the waiting period to complete firearms transactions for some eligible individuals under 21. Section 12002 would require certain unlicensed individuals who sell firearms for profit to obtain a Federal Firearms License (FFL)."
United States. Congressional Budget Office
2022-06-22
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Congressional Budget Office Cost Estimate: H.R. 35, Emmett Till Antilynching Act
"H.R. 35 would broaden the coverage of the current laws against lynching and would specify the act of lynching as a hate crime. People who violate the bill's provisions could be subject to criminal fines, so the federal government might collect additional fines under the legislation. Criminal fines are recorded as revenues, deposited in the Crime Victims Fund, and later spent without further appropriation action. CBO [Congressional Budget Office] expects that any additional revenues and associated direct spending would not be significant because few additional cases would probably be affected."
United States. Congressional Budget Office
2019-07-08
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Congressional Budget Office Cost Estimate: S. 249, A Bill to Direct the Secretary of State to Develop a Strategy to Regain Observer Status for Taiwan in the World Health Organization, and for Other Purposes
"S. 249 would expand an existing requirement for the Department of State to report on its efforts to endorse and obtain observer status for Taiwan at annual meetings of the World Health Organization. The department would report on how it has changed and refined its efforts following recent meetings that excluded Taiwan. In addition, the bill would require the department to periodically brief the Congress on U.S. actions to improve Taiwan's diplomatic relationships with foreign countries. On the basis of information about similar requirements, CBO [Congressional Budget Office] estimates that implementing the bill would cost less than $500,000 over the 2019-2024 period; such spending would be subject to the availability of appropriated funds."
United States. Congressional Budget Office
2019-06-05
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Congressional Budget Office Cost Estimate: H.R. 1567, United States-Mexico Economic Partnership Act
"H.R. 1567 would require the Department of State to develop and implement a strategy to deepen economic cooperation with Mexico and to expand educational and cultural exchange programs with that country. It also would require the department to report to the Congress on that strategy. The department supports exchange programs with Mexico through grants from the 100,000 Strong in Americas Initiative. Those grants are combined with contributions from private-sector entities, educational institutions, and other governments to facilitate opportunities for students from the United States and other Western Hemisphere nations to train and study abroad in the region. On the basis of information from the department about how it would expand existing programs in Mexico, CBO [Congressional Budget Office] estimates that it would make new grants in partnership with private institutions and educational institutions in Mexico. The department would hire two employees (one in Washington, D.C., and one in Mexico) to manage the program; 10 grants of $25,000 each would be made annually. In total, CBO estimates that implementing the grant program and satisfying the reporting requirement would cost less than $500,000 a year and total $2 million over the 2019-2023 period; such spending would be subject to the availability of appropriated funds."
United States. Congressional Budget Office
2018-11-13
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Congressional Budget Office Cost Estimate: H.R. 951, United States-Mexico Tourism Improvement Act of 2019
"H.R. 951 would require the Department of State to coordinate with Mexico through an existing framework to develop a strategy to improve tourism, encourage entrepreneurship, and develop partnerships between medical and dental institutions in the United States and Mexico. The bill also would require the department to report to the Congress on that strategy."
United States. Congressional Budget Office
2019-04-15
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Congressional Budget Office Cost Estimate: H.R. 4768, National Strategy for Combating the Financing of Transnational Criminal Organizations Act
"H.R. 4768 would require the President to develop a national strategy to combat the financing networks of transnational organized criminals. Transnational crime is coordinated across borders and usually consists of money laundering, human smuggling, drug trafficking, and cybercrime. Under the bill, the President, acting through the Department of the Treasury and in consultation with Departments of Defense, Homeland Security, Justice, State, and the Office of the Director of National Intelligence, would produce a strategy within one year and update it every two years."
United States. Congressional Budget Office
2018-02-08
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Congressional Budget Office Cost Estimate: S. 2374, Stopping Improper Payments to Deceased People Act
"S. 2374 would expand how data on deaths is used by federal and state agencies for the purpose of limiting improper federal payments. The bill would require the Social Security Administration (SSA) to share all such information with more agencies and for a broader range of purposes."
United States. Congressional Budget Office
2018-07-16
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Congressional Budget Office Cost Estimate: S. 495, Personal Data Privacy and Security Act of 2007
From the Summary: "S. 495 would establish new federal crimes relating to the unauthorized access of sensitive personal information. The bill also would require most government agencies or business entities that collect, transmit, store, or use personal information to notify any individuals whose information has been unlawfully accessed. In addition, S. 495 would require data brokers to allow individuals access to their electronic records and publish procedures for individuals to respond to inaccuracies. Finally, the bill would establish the Office of Federal Identity Protection (OFIP) within the Federal Trade Commission (FTC) to assist victims of identity theft to restore the accuracy of their personal information."
United States. Congressional Budget Office
2007-05-17
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Congressional Budget Office Cost Estimate: H.R. 4771, Designer Anabolic Steroid Control Act of 2014
"CBO [Congressional Budget Office] estimates that implementing H.R. 4771 would have no significant costs 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 for each year. H.R. 4771 would expand the list of anabolic steroids regulated by the Drug Enforcement Administration (DEA) to include about two dozen new substances and would establish new crimes relating to false labeling of steroids. As a result, the government might be able to pursue cases involving drug use that it otherwise would not be able to prosecute. CBO expects that H.R. 4771 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."
United States. Congressional Budget Office
2014-07-25
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Congressional Budget Office Cost Estimate: S. 2113, Taxpayers Right-To-Know Act
From the Summary: "S. 2113 would amend federal law to increase the amount of information about federal programs that the Office of Management and Budget (OMB) provides online. The legislation would require that each program administered by a federal agency be described on the agency's website, including the number of people served by or benefiting from the program, the number of federal employees and contract staff involved, and links to reviews of the program including those by the Government Accountability Office (GAO) and Inspectors General."
United States. Congressional Budget Office
2014-07-31
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Congressional Budget Office Cost Estimate: H.R. 5018, Federal Reserve Accountability and Transparency Act of 2014
From the Summary: "H.R. 5018 would make a number of changes to the operations of the Federal Reserve System. The changes would include requiring new regulations issued by the Board of Governors to include a cost-benefit analysis that takes into account specified factors; requiring employees of the Board of Governors to follow a system of ethics standards currently applied to employees of the Securities and Exchange Commission; and requiring the Federal Open Market Committee to generate and provide to the Congress a monetary policy rule that meets certain requirements, and the Government Accountability Office (GAO) to assess any changes to the rule for compliance with those requirements. CBO estimates that enacting H.R. 5018 would reduce revenues by $61 million over the 2015-2024 period; therefore, pay-as-you-go procedures apply. H.R. 5018 would not affect direct spending. Further, CBO estimates that the bill would increase discretionary spending by GAO by $2 million over the 2015-2019 period, assuming appropriation of the necessary amounts. H.R. 5018 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments."
United States. Congressional Budget Office
2014-07-25
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Congressional Budget Office Cost Estimate: S. 3031, Federal Personal Property Management Act of 2018
"S. 3031 would require federal agencies to conduct an annual inventory and assessment of personal property under their control. Federal personal property includes everything other than real property--from office supplies to aircraft and motor vehicles. According to the Government Accountability Office, current law requires agencies to continuously review property they control and to identify unneeded personal property and dispose of it promptly. The General Services Administration has issued regulations establishing a governmentwide disposal process for unneeded property. In addition, the Office of Management and Budget provides guidance to agencies on efficient operations, emphasizing internal controls to ensure that agencies identify unneeded property."
United States. Congressional Budget Office
2018-07-16