H.R. 4341 would make several changes to the requirements that federal agencies follow to incorporate small businesses into their contracts for services and procurements. It also would establish a new pilot program to provide performance ratings to subcontractors and specify other responsibilities of the Small Business Administration (SBA). CBO estimates that implementing the bill would cost $53 million over the 2017-2021 period, assuming appropriation of the necessary amounts.
Because provisions in H.R. 4341 would affect agencies whose spending does not depend on annual appropriations, enacting the bill also would affect direct spending; therefore, pay-as-you-go procedures apply. Because most of those agencies can adjust the amounts they collect as operating costs change, CBO estimates that the net effect of any such spending by those agencies would be negligible. Enacting H.R. 4341 would not affect revenues.
CBO estimates that enacting H.R. 4341 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.
H.R. 4341 contains no intergovernmental or private sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments.