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S. 3097, SelectUSA Authorization Act of 2016 (CBO Report for Congress)

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Congress 114th
Requested By Senate Committee on Commerce, Science, and Transportation
Date Sent Nov. 14, 2016
Description:

S. 3097 would establish the SelectUSA program within the Department of Commerce (DOC) to facilitate business investment in the United States. The bill would authorize the appropriation of $15 million a year over the 2017-2021 period for the operation of that program. S. 3097 would direct DOC to annually certify that its employees who are political appointees have received training on various government policies. The bill also would require DOC to issue reports on certain government office renovations and steps the department has taken to empower whistleblowing. Lastly, the bill would require the Government Accountability Office (GAO) to submit a report to the Congress with recommendations on the effectiveness of the SelectUSA program.

 

CBO estimates that implementing this bill would cost $67 million over the 2017-2021 period, assuming appropriation of the authorized amounts. Enacting S. 3097 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

 

CBO estimates that enacting S. 3097 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.

 

S. 3097 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.

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