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S. 242, Wounded Warriors Federal Leave Act of 2015 1 (March 30, 2015)

handle is hein.congrec/cbo2175 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 30, 2015 S. 242 Wounded Warriors Federal Leave Act of 2015 As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on March 4, 2015 SUMMARY S. 242 would provide additional sick leave to veterans with a disability rated at 30 percent or greater who are newly hired by the federal government. That additional leave would have to be used for treatment of the employee's disability and would expire one year after it became available to the employee. CBO estimates that implementing S. 242 would cost $55 million over the next five years, subject to appropriation of the necessary funds. That cost represents the value of the additional sick leave that CBO estimates would be provided to newly hired veterans. In some cases that additional leave would lead to additional spending by agencies; in other cases agencies would lose the value of the work of the people using the additional days of leave. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. S. 242 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 242 is shown in the following table. The costs of this legislation fall in all budget functions except function 900 (net interest) and 950 (offsetting receipts).

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