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cost estimate
September 9, 2013
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As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 30, 2013
S. 1344 would amend the Arctic Research and Policy Act of 1984 to establish a grant program to provide funding to nonfederal entities to conduct research related to the Arctic. Based on information regarding the cost of similar grant programs administered by the National Oceanic and Atmospheric Administration (NOAA), CBO estimates that implementing the legislation would cost $17 million over the 2014-2018 period. Enacting S. 1344 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
S. 1344 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.