H.R. 1246, District of Columbia Chief Financial Officer Vacancy Act

Cost Estimate
March 27, 2013

As ordered reported by the House Committee on Oversight and Government Reform on March 20, 2013

CBO estimates that enacting H.R. 1246 would have no effect on the federal budget. The bill would amend District of Columbia law to allow the District’s Treasurer or one of the Deputy Chief Financial Officers to perform the functions and duties of the Chief Financial Officer of the District of Columbia in an acting capacity in the event of a vacancy. H.R. 1246 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

H.R. 1246 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.