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S. 797, United States Legal Gold and Mining Partnership Act (CBO Report for Congress)

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Congress 118th
Date Requested May 4, 2023
Requested By the Senate Committee on Foreign Relations
Date Sent May 16, 2023
Description:
S. 797 would authorize the appropriation of $10 million for the Department of State to develop and implement a strategy to curb illegal gold mining in the Western Hemisphere. The department would be required to report to the Congress on those actions. The bill also would require the department to investigate and report to the Congress on illicit gold mining in Venezuela. Assuming appropriation of the specified amounts, CBO estimates that implementing S. 797 would cost $8 million over the 2023-2028 period (see Table 1). The remainder would be spent after 2028.

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