S. 115 would require the Department of Commerce to study and report to the Congress on the effects of the coronavirus pandemic on the travel and tourism industry. The department would consult with private-sector entities, conduct interim and final studies, prepare reports based on economic data, and provide recommendations to assist the affected industries.
Using information from the department, CBO expects that implementing the bill would cost about $2 million annually for 2022 and 2023; such spending would be subject to the availability of appropriated funds. Those amounts would cover the compensation of seven staff members, at an average annual cost of $200,000 each, and data contracts necessary for the studies and reports.
