S. 2068 would authorize the annual appropriation of $110 million through 2025 for the Minority Business Development Agency. CBO estimates that enacting S. 2068 would not affect direct spending or revenues. Similar legislation was enacted as part of division K of the Infrastructure Investment and Jobs Act; on that basis, CBO estimates that implementing the bill would not affect discretionary spending. The bill contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.
