As reported by the Senate Select Committee on Intelligence on July 11, 2018
S. 3153 would authorize appropriations for fiscal years 2018 and 2019 for intelligence activities of the U.S. government, including the Intelligence Community Management Account (ICMA) and the Central Intelligence Agency Retirement and Disability System (CIARDS). The bill also would modify the security clearance process across the federal government and create or modify other programs across the intelligence community (IC).
CBO does not provide estimates for classified programs; therefore, this estimate addresses only the unclassified aspects of the bill. In addition, CBO cannot provide estimates for certain provisions in the unclassified portion of the bill because they concern classified programs. On that limited basis, CBO estimates that implementing the unclassified provisions of the bill would cost about $4.9 billion over the 2019-2023 period, subject to appropriation of the specified and estimated amounts.
In addition, enacting the bill also would affect direct spending; therefore, pay-as-you-go procedures apply. On net, however, CBO estimates that those effects could be significant over the 2019-2028 period. Enacting the bill would not affect revenues.
CBO estimates that enacting S. 3153 would not significantly increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.
S. 3153 would impose an intergovernmental mandate, as defined in the Unfunded Mandates Reform Act (UMRA), on state and local, and tribal governments, but CBO estimates that it would impose no duty on those governments that would result in additional spending or a loss of revenues.
S. 3153 contains no private-sector mandates as defined in UMRA.