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S. 999, Small Business Development Centers Improvement Act of 2015 1 (May 29, 2015)

handle is hein.congrec/cbo2265 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 29, 2015 S. 999 Small Business Development Centers Improvement Act of 2015 As ordered reported by the Senate Committee on Small Business and Entrepreneurship on April 23, 2015 S. 999 would direct the Small Business Administration (SBA) to develop procedures to collect data about Small Business Development Centers (SBDCs) that receive grants from the agency. The bill also would amend rules affecting SBDCs by, for instance, allowing them to market their services. Based on information from the SBA, CBO estimates that implementing S. 999 would cost less than $500,000 per year over the 2016-2020 period, assuming availability of appropriated funds, for additional data collection and monitoring activities. Enacting S. 999 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. S. 999 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. The CBO staff contact for this estimate is Susan Willie. The estimate was approved by Theresa Gullo, Assistant Director for Budget Analysis.

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