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cost estimate
May 17, 2013
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As ordered reported by the House Committee on Education and the Workforce on May 16, 2013
H.R. 1949 would authorize the Secretary of Education to use administrative funds to form an advisory committee and produce reports on the types of postsecondary education data that the Department of Education should collect and how that information should be collected and disseminated.
Based on funding levels for similar activities of the Department of Education, CBO estimates that implementing the bill would require about $1 million in fiscal year 2014, assuming the appropriation of the estimated amounts.
Enacting H.R. 1949 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
H.R. 1949 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.