H.R. 6175 would require the Coast Guard (USCG) to pursue a variety of activities aimed at improving maritime safety. Using information from the agency, CBO estimates that meeting the bill’s requirements would cost $5 million over the 2019-2023 period; any such spending would be subject to the availability of appropriated funds.
Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting H.R. 6175 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.
H.R. 6175 contains no intergovernmental mandates as defined in the Unfunded Mandates Reform Act (UMRA).
H.R. 6175 would impose private-sector mandates on shipping companies that operate freight vessels regulated by the USCG. CBO estimates that the incremental costs of the requirements in H.R. 6175 would be small and would fall below the annual threshold for private-sector mandates established in UMRA ($160 million in 2018, adjusted annually for inflation).