The Statutory Pay-As-You-Go Act of 2010 establishes budget-reporting and enforcement procedures for legislation affecting direct spending or revenues. The net changes in outlays and revenues that are subject to those procedures are shown here.
Enacting S. 3580 would increase direct spending for some grants funded through the Infrastructure Investment and Jobs Act (IIJA). Specifically, section 21 would eliminate a requirement that planning grants, known as RAISE grants, made under the Local and Regional Project Assistance Program meet a minimum dollar amount.
Division J of the IIJA appropriated a total of $7.5 billion over the 2022-2026 period for that program. CBO expects that about $7.0 billion will be spent over the 2022-2032 period under current law. Eliminating the minimum cost requirement for planning grants would increase the number of projects that would receive planning grants and thus CBO estimates an increase in direct spending of $75 million over the 2022-2032 period.
Other sections in the bill would have insignificant effects on direct spending and revenues in each year and over the 2022‑2032 period.