As ordered reported by the Senate Committee on Commerce, Science, and Transportation on September 17, 2014
S. 2777 would authorize the programs of the Surface Transportation Board (STB), establish the STB as an independent government agency outside the auspices of the Department of Transportation (DOT), and authorize other changes in the agency’s operations. Based on information from the DOT, CBO estimates that implementing the bill would cost $164 million over the 2015-2019 period, assuming the appropriation of the amounts authorized and estimated to be necessary.
Enacting S. 2777 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
S. 2777 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.