As ordered reported by the House Committee on Energy and Commerce on July 30, 2014
CBO estimates that implementing H.R. 3670 would have a negligible effect on net discretionary spending over the 2015-2019 period. Enacting H.R. 3670 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
Under current law, entities are prohibited from transmitting misleading or inaccurate caller identification information. H.R. 3670 would broaden that prohibition to include text messages and certain Voice-over-Internet-Protocol services as well.
Based on information from the Federal Communications Commission, CBO estimates that implementing H.R. 3670 would cost less than $500,000 for rulemaking activities required under the bill. The commission is authorized to collect fees sufficient to cover its annual appropriation; therefore, CBO estimates that implementing H.R. 3670 would have a negligible net effect on discretionary spending, assuming appropriation action consistent with that authority.
H.R. 3670 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments.