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cost estimate
May 16, 2013
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As ordered reported by the House Committee on Veterans’ Affairs on May 8, 2013
H.R. 671 would extend provisions of current law that require increases in monthly rates of certain education assistance be rounded down to the next lower whole dollar. The bill would also require the Department of Veterans Affairs (VA) to submit annual reports about disability claims for military sexual trauma (MST) to the Congress and to veterans who file MST claims. CBO estimates that enacting H.R. 671 would reduce direct spending by $15 million over the 2014-2023 period. Also, CBO estimates that implementing H.R. 671 would have a discretionary cost of $4 million over the 2014-2018 period, subject to the availability of appropriated amounts.
Pay-as-you-go procedures apply because enacting the legislation would affect direct spending. Enacting the bill would have no effect on revenues.
H.R. 671 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA).