S. 346 would authorize the appropriation of such sums as are necessary for the U.S. Geological Survey (USGS) to establish a system to improve monitoring of active volcanoes. The bill also would authorize USGS to enter into cooperative partnerships with universities and state agencies to implement the system.
Based on an analysis of information provided by USGS and assuming appropriation of the necessary amounts, CBO estimates that implementing S. 346 would cost $55 million over the 2018-2022 period.
Enacting S. 346 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting the legislation would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.
S. 346 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.