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H.R. 850, Nuclear Iran Prevention Act of 2013 (CBO Report for Congress)

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Congress 113th
Date Requested May 22, 2013
Requested By House Committee on Foreign Affairs
Date Sent June 28, 2013
Description:

As ordered reported by the House Committee on Foreign Affairs on May 22, 2013

H.R. 850 would amend and expand existing sanctions against Iran. CBO estimates that implementing the bill would have discretionary costs of about $22 million over the 2014-2018 period, assuming appropriation of the estimated amounts. Pay-as-you-go procedures apply to this legislation because it would affect direct spending and revenues; however, CBO estimates that those effects would not be significant.

The estimated budgetary impact of H.R. 850 is shown in the following table. The costs of this legislation fall primarily within budget functions 150 (international affairs), 400 (transportation), and 800 (general government).

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