H.R. 5887, Coast Guard and Maritime Transportation Act of 2012

June 19, 2012
Cost Estimate


As ordered reported by the House Committee on Transportation and Infrastructure on June 7, 2012

H.R. 5887 would amend various laws that govern the activities of the United States Coast Guard (USCG). The bill also would authorize appropriations totaling about $26.1 billion, primarily for ongoing USCG operations over the 2013-2015 period. Assuming appropriation of the amounts specified in the bill, CBO estimates that implementing the legislation would cost $24.5 billion over the 2013-2017 period.

Enacting the bill would not affect direct spending, but it could result in additional collections because it would establish new civil penalties for certain violations of Coast Guard regulations. Penalties are recorded in the budget as revenues and deposited in the U.S. Treasury; therefore, pay-as-you-go procedures apply. However, based on the small number of cases likely to be involved, CBO estimates that such collections would be minimal.

H.R. 5887 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.