S. 2060 would authorize the appropriation of $131 million for humanitarian assistance and other programs in Burma and the surrounding region. In addition, the bill would restrict imports of jadeite and jewelry containing jadeite from Burma and impose sanctions on people and entities that are responsible for human rights violations in Burma or that have acquired defense articles from North Korea.
CBO estimates that implementing S. 2060 would cost $127 million over the 2018-2023 period, assuming appropriation of the specified amounts. In addition, enacting the bill would have effects on direct spending and revenues over the 2018-2028 period; therefore, pay-as-you-go procedures apply. CBO expects those effects would be insignificant.
CBO also estimates that enacting the legislation would not significantly affect net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.
