S. 1425 would reauthorize and amend the Integrated Coastal and Ocean Observation System Act. The bill also would modify existing reporting and planning requirements under the Federal Ocean Acidification Research and Monitoring Act. Based on information provided by the National Oceanic and Atmospheric Administration (NOAA), CBO estimates that implementing S. 1425 would cost $71 million over the 2018-2022 period, assuming appropriation of the necessary amounts.
Enacting S. 1425 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting the bill would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.
S. 1425 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.