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H.R. 1848, Small Airplane Revitalization Act of 2013 1 (July 15, 2013)

handle is hein.congrec/cbo11308 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 15, 2013 H.R. 1848 Small Airplane Revitalization Act of 2013 As ordered reported by the House Committee on Transportation and Infrastructure on July 10, 2013 The Federal Aviation Administration (FAA) is responsible for regulating and overseeing civil air transportation. H.R. 1848 would require the agency to issue a final rule related to certification and safety requirements of small airplanes by December 31, 2015. According to the agency, the rule required under the bill would build on efforts already under way to develop a regulatory regime for small airplanes, and CBO does not expect that meeting the deadline specified under H.R. 1848 would significantly affect the agency's costs to complete those proceedings. As a result, CBO estimates that implementing H.R. 1848 would have no significant impact on the federal budget. The legislation would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 1848 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Megan Carroll. This estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.

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