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H.R. 4489, FLIGHT R&D Act 1 (February 23, 2016)

handle is hein.congrec/cbo2809 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE February 23, 2016 H.R. 4489 FLIGHT R&D Act As ordered reported by the House Committee on Science, Space, and Technology on February 11, 2016 SUMMARY H.R. 4489 would reauthorize the Federal Aviation Administration's (FAA's) research and development programs. Through such programs, the FAA conducts research aimed at developing technologies to enhance the safety, economic competitiveness, and environmental performance of aviation-related infrastructure and systems that comprise the U.S. national airspace. Assuming appropriation of the authorized amounts, CBO estimates that implementing H.R. 4489 would cost $508 million over the next five years. Because enacting H.R. 4489 would not affect direct spending or revenues, pay-as-you go procedures do not apply. CBO estimates that enacting H.R. 4489 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027 H.R. 4489 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 H.R. 4489 is shown in the following table. The costs of this legislation fall within budget function 400 (transportation).

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