H.R. 8566, Mobilizing and Enhancing Georgia’s Options for Building Accountability, Resilience, and Independence Act

September 13, 2024

Cost Estimate

As ordered reported by the House Committee on Foreign Affairs on July 11, 2024

At a Glance

H.R. 8566, Mobilizing and Enhancing Georgia’s Options for Building Accountability, Resilience, and Independence Act As ordered reported by the House Committee on Foreign Affairs on July 11, 2024
By Fiscal Year, Millions of Dollars			2024	2024-2029		2024-2034
Direct Spending (Outlays)			0	*		*
Revenues			0	*		*
Increase or Decrease (-) in the Deficit			0	*		*
Spending Subject to Appropriation (Outlays)			0	15		not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?	< $2.5 billion	Statutory pay-as-you-go procedures apply?			Yes
	< $2.5 billion	Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?	No	Contains intergovernmental mandate?			No
	No	Contains private-sector mandate?			Yes, Under Threshold
* = between -$500,000 and $500,000.

Summary

H.R. 8566 would encourage the Department of State to establish a task force to monitor and promote democracy and good governance in the country of Georgia and to increase foreign assistance to Georgia if that country makes progress in strengthening democracy and integrating with European and NATO partners. The bill would require the Administration to impose sanctions on foreign persons who have knowingly engaged in significant corruption in Georgia or in activities that impede that country’s relationship with NATO and the European Union or undermine its peace and territorial integrity. Finally, H.R. 8566 would require the Administration to report on such sanctions and related matters.