H.R. 995 would amend the Code of Federal Regulations to modernize terms that refer to certain minority and ethnic groups. CBO estimates that implementing the proposed changes would not significantly affect federal spending.
H.R. 995 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting H.R. 995 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.
H.R. 995 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.