Description:
H.R. 3016 would modify certain mandatory veterans’ programs, including those that provide educational benefits and mortgage loan guarantees. On net, CBO estimates that enacting H.R. 3016 would decrease direct spending by $815 million over the 2016-2025 period.
In addition, H.R. 3016 would expand the types of medical care provided by the Department of Veterans Affairs (VA); reorganize the administration of several job training, readjustment benefits, and other benefit programs; transfer certain employment training and placement programs from the Department of Labor (DOL) to VA; and modify the processing of benefit claims. In total, CBO estimates that implementing the bill would cost $234 million over the 2016-2020 period, assuming appropriation of the necessary amounts.
Pay-as-you-go procedures apply because enacting the legislation would affect direct spending. Enacting the bill would not affect revenues.
CBO estimates that enacting H.R. 3016 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2026.
H.R. 3016 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments. State agencies that serve veterans would benefit from contact and service information about veterans provided electronically by VA.
