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cost estimate
August 9, 2013
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As ordered reported by the Senate Committee on Homeland Security
and Governmental Affairs on July 31, 2013
S. 1348 would extend authorization for the Congressional Award Act through fiscal year 2018. The Congressional Award Program recognizes excellence in public service and personal development among young people. The program is overseen by the Congressional Award Board, a nonprofit organization that does not receive any appropriated federal funds.
Under S. 1348, the Congressional Award Board would continue to receive free office space in a Congressional office building. In addition, young people recognized by the Congressional Award Program are awarded medals produced by the U.S. Mint. Based on information from the board, CBO estimates that extending authorization for the program would increase direct spending from the U.S. Mint Public Enterprise Fund by less than $500,000 annually. Because the bill would affect direct spending, pay-as-you-go procedures apply.