H.R. 4754 would require the State Department to report each year to the Congress on its actions to alter bilateral relations between the United States and any country that has changed its relationship with Taiwan. On the basis of information about the department’s ongoing efforts to promote relations between Taiwan and foreign countries, CBO estimates that implementing H.R. 4754 would cost less than $500,000 over the 2020-2024 period; such spending would be subject to the availability of appropriated funds.
On October 4, 2019, CBO transmitted a cost estimate for S. 1678, the Taiwan Allies International Protection and Enhancement Initiative (TAIPEI) Act of 2019, as reported by the Senate Committee on Foreign Relations on September 26, 2019. The two bills are similar and CBO’s estimates of the costs of implementing them are the same.
The CBO staff contact for this estimate is Sunita D’Monte. The estimate was reviewed by Leo Lex, Deputy Assistant Director for Budget Analysis.