S. 2014 would make several changes to the programs for repaying loans for biomedical or behavioral research at the National Institutes of Health (NIH). The bill also would establish an initiative in the NIH Office of the Director to coordinate programs that are focused on promoting opportunities for new researchers at NIH. CBO estimates that implementing S. 2014 would cost $477 million over the 2017-2021 period, assuming appropriation of the necessary amounts. Enacting S. 2014 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply to the bill.
CBO estimates that enacting S. 2014 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
S. 2014 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.