As ordered reported by the House Committee on Oversight and Government Reform on March 20, 2013
H.R. 1162 would provide additional authorities to the Government Accountability Office (GAO), including the ability to obtain certain records and information, and to administer oaths. The legislation also would require GAO to establish procedures to protect certain proprietary information that it collects when carrying out its responsibilities.
CBO estimates that implementing the legislation would have no significant impact on the federal budget because it would not significantly add to GAO’s administrative costs. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
H.R. 1162 would impose an intergovernmental mandate as defined in the Unfunded Mandates Reform Act (UMRA) by requiring the District of Columbia to report information to Congressional committees and GAO. CBO estimates that the cost to comply with the mandate would be minimal and would not exceed the threshold established in UMRA for intergovernmental mandates ($75 million in 2013, adjusted annually for inflation).
H.R. 1162 contains no private-sector mandates as defined in UMRA.