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cost estimate
September 24, 2013
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As ordered reported by the House Committee on Foreign Affairs
on August 1, 2013
H.R. 2848 would authorize appropriations for the Department of State. CBO estimates that implementing the bill would have discretionary costs of $14.6 billion over the 2014-2018 period, assuming appropriation of the specified and estimated amounts. CBO estimates that enacting the bill would increase direct spending by $1 million over the 2014-2023 period and have insignificant effects on revenues; thus, pay-as-you-go procedures apply.
H.R. 2848 contains no intergovernmental mandates as defined in the Unfunded Mandates Reform Act (UMRA). The bill would impose private-sector mandates, as defined in UMRA, by extending passport surcharges that are currently set to expire and by authorizing the Secretary of State to restrict or revoke passports issued to sex offenders. CBO estimates that the aggregate cost of mandates on private entities would total about $330 million, and thus exceed the annual threshold established in UMRA for private-sector mandates ($150 million in 2013, adjusted annually for inflation).