Description:
S. 1882 would authorize the President to provide assistance to Nepal to promote recovery following the earthquake in that country in 2015 and would require reports and briefings to the Congress on the progress of those efforts. The bill would authorize the appropriation of $90 million each year in 2017 and 2018 for programs to improve basic infrastructure, economic growth, health, and education.
Based on information from the U.S. Agency for International Development (USAID), CBO estimates that $10 million each year would be contributed to a World Bank trust fund for housing reconstruction and USAID would use the remainder primarily to rebuild schools and hospitals. Assuming appropriation of those specified amounts, CBO estimates that implementing S. 1882 would cost almost $150 million over the 2016-2021 period (the remainder would be spent after 2021).
Because enacting S. 1882 would not affect direct spending or revenues, pay-as-you-go procedures do not apply. CBO estimates that enacting the legislation would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
