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S. 3552, Targeting Resources to Communities in Need Act of 2022 (CBO Report for Congress)

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Congress 117th
Date Requested May 25, 2022
Requested By Senate Committee on Homeland Security and Governmental Affairs
Date Sent Sept. 7, 2022
Description:
S. 3552 would direct the Office of Management and Budget to provide guidance to increase the share of funds government agencies target to areas of persistent poverty and to report on that effort. In addition, the bill would direct the Bureau of the Census to report a list of areas of persistent poverty and the Government Accountability Office to report on the results of implementing the bill. Finally, the bill would authorize the appropriation of $5 million in 2023 for salaries and expenses. S. 3552 would direct federal spending to areas of persistent poverty but would not increase program funding or alter legal authority for specific entitlement programs; thus, enacting the bill would not affect direct spending or revenues. Assuming appropriation of the authorized amount, CBO estimates that implementing the bill would cost $5 million over the 2022‑2027 period.

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