About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

H.R. 5887, Coast Guard and Maritime Transportation Act of 2012 1 (June 19, 2012)

handle is hein.congrec/cbo10817 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 19, 2012 H.R. 5887 Coast Guard and Maritime Transportation Act of 2012 As ordered reported by the House Committee on Transportation and Infrastructure on June 7, 2012 SUMMARY H.R. 5887 would amend various laws that govern the activities of the United States Coast Guard (USCG). The bill also would authorize appropriations totaling about $26.1 billion, primarily for ongoing USCG operations over the 2013-2015 period. Assuming appropriation of the amounts specified in the bill, CBO estimates that implementing the legislation would cost $24.5 billion over the 2013-2017 period. Enacting the bill would not affect direct spending, but it could result in additional collections because it would establish new civil penalties for certain violations of Coast Guard regulations. Penalties are recorded in the budget as revenues and deposited in the U.S. Treasury; therefore, pay-as-you-go procedures apply. However, based on the small number of cases likely to be involved, CBO estimates that such collections would be minimal. H.R. 5887 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. 5887 is shown in the following table. The costs of this legislation fall within budget function 400 (transportation).

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most