Description:
S. 2937 would restructure the Department of State’s authority to collect and spend consular fees and make other changes to its operations. In particular, the bill would allow the department to spend fees it currently deposits in the Treasury without further appropriation action.
CBO estimates that enacting S. 2937 would increase direct spending by $6.5 billion over the 2017-2026 period; therefore, pay-as-you-go procedures apply. The bill also could have an insignificant effect on revenues. In addition, CBO estimates that implementing the bill would reduce net discretionary costs by about $50 million over the 2017-2021 period, assuming appropriation actions consistent with the bill.
CBO estimates that enacting S. 2937 would increase net direct spending and on-budget deficits by more than $5 billion in each of the four consecutive 10-year periods beginning in 2027.
S. 2937 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.
