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S. 2817, Space Weather Research and Forecasting Act 1 (November 22, 2016)

handle is hein.congrec/cbo3297 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE 0 COST ESTIMATE November 22, 2016 S. 2817 Space Weather Research and Forecasting Act As ordered reported by the Senate Committee on Commerce, Science, and Transportation on April 27, 2016 SUMMARY S. 2817 would require the National Oceanic and Atmospheric Administration (NOAA) to capture imagery of coronal mass ejections (CMEs). A CME is the release of large quantities of matter and electromagnetic radiation from the sun. The bill also would largely codify existing multi-agency efforts under the National Space Weather Program. Based on information provided by NOAA and assuming appropriation of the necessary amounts, CBO estimates that acquiring and launching into space the equipment necessary to capture imagery of CMEs would cost $182 million over the 2017-2021 period. Enacting S. 2817 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting the legislation would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 2817 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 2817 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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