As ordered reported by the Senate Committee on Foreign Relations on June 25, 2013
S. 718 would expand federal programs and initiatives to promote exports to Africa. CBO estimates that implementing the bill would have discretionary costs of $15 million over the 2014-2018 period, assuming appropriation of the necessary amounts.
Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues.
S. 718 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments.