S. 2816 would authorize the appropriation of $100 million annually through 2021 for the Environmental Protection Agency to provide grants for projects that reduce emissions from diesel engines. Assuming appropriation of the authorized amounts, CBO estimates that implementing S. 2816 would cost $480 million over the 2017-2021 period.
Pay-as-you-go procedures do not apply to this legislation because enacting it would not affect direct spending or revenues. CBO estimates that enacting S. 2816 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
S. 2816 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.