Description:
CBO estimates that enacting H.R. 5690 would have no significant effect on the federal budget. The legislation would amend federal law to clarify that the Government Accountability Office (GAO) has the authority to obtain certain records and information.
Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 5690 would not increase direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
H.R. 5690 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.
On June 24, 2016, CBO transmitted a cost estimate for S. 2849, the GAO Access and Oversight Act of 2016, as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 25, 2016. The two pieces of legislation are similar, and CBO’s estimates of the budgetary effects are the same.
