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H.R. 4983, Strengthening Transparency in Higher Education Act (CBO Report for Congress)

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Congress 113th
Date Requested July 10, 2014
Requested By House Committee on Education and the Workforce
Date Sent July 15, 2014
Description:

As ordered reported by the House Committee on Education and the Workforce on July 10, 2014

H.R. 4983 would reserve $1 million from funding for the Department of Education to replace the current College Navigator website with a new website and change the type of information that the website would need to provide. The bill also would amend the requirements for the department’s net-price calculator, which provides details on the costs of post-secondary education.

CBO estimates that implementing H.R. 4983 would require $1 million for administrative costs for the department over the 2015-2019 period, assuming the availability of appropriated funds.

Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

H.R. 4983 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.

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