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H.R. 3985, Building Better Business Partnerships Act of 2012 1 (May 17, 2012)

handle is hein.congrec/cbo10778 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 17, 2012 H.R. 3985 Building Better Business Partnerships Act of 2012 As ordered reported by the House Committee on Small Business on March 22, 2012 SUMMARY H.R. 3985 would amend programs that pair disadvantaged small businesses with other eligible businesses (mentor-prot6g6 programs) in order to allow them to participate in set-aside programs for federal contracts. The bill would direct the Small Business Administration (SBA) to broaden the scope of its mentor-prot6g6 program to cover all small businesses (currently the program is open to a limited pool of participants). The bill also would direct the SBA to develop regulations that would apply to mentor-prot6g6 programs operating in other federal agencies. Based on information from the SBA and several federal agencies that operate mentor-prot6g6 programs, CBO estimates that implementing H.R. 3985 would cost $6 million over the 2013-2017 period, assuming appropriation of the necessary amounts. CBO estimates that enacting H.R. 3985 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 3985 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 impact of H.R. 3985 is shown in the following table. The costs of this legislation fall within several budget functions, including 250 (general science, space, and technology), 370 (commerce and housing credit), and 550 (health).

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