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H.R. 1806, America COMPETES Reauthorization Act of 2015 (CBO Report for Congress)

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Congress 114th
Date Requested April 22, 2015
Requested By House Committee on Science, Space, and Technology
Date Sent May 5, 2015
Description:

H.R. 1806 would authorize appropriations totaling about $33 billion over the 2016-2020 period for several agencies to support scientific research, industrial innovation, and certain educational activities. Assuming appropriation of the necessary amounts, CBO estimates that implementing the legislation would cost about $32 billion over the 2016-2020 period.

Enacting the legislation could increase direct spending; therefore, pay-as-you-go procedures would apply. However, CBO estimates that the net effect on direct spending would be negligible for each year. H.R. 1806 would not affect revenues.

H.R. 1806 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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