H.R. 3033, Solidify Iran Sanctions Act of 2023

Cost Estimate

As ordered reported by the House Committee on Foreign Affairs on June 21, 2023

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Corrections and Updates

On June 28, 2023, CBO replaced a version of this estimate that was transmitted on June 27, 2023. This revised estimate corrects the determination of long-term effects on net direct spending shown in the "At a Glance" section. The bill would increase net direct spending by less than $2.5 billion in any of the four consecutive 10-year periods beginning in 2034. The amount of the estimated budgetary effects of the legislation are unchanged.