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S. 287, Helping Homeless Veterans Act of 2013 1 (August 23, 2013)

handle is hein.congrec/cbo11270 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE
COST ESTIMATE

August 23, 2013

SUMMARY
S. 287 would reauthorize and expand several programs for homeless veterans that are
administered by the Department of Veterans Affairs (VA). CBO estimates that
implementing the bill would cost $842 million over the 2014-2018 period, assuming
appropriation of the specified and estimated amounts.
In addition, CBO estimates that enacting the bill would decrease net direct spending by
$294 million over the 2014-2023 period; therefore, pay-as-you-go procedures apply to the
bill. Enacting S. 287 would not affect revenues.
S. 287 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates Reform Act (UMRA).
ESTIMATED COST TO THE FEDERAL GOVERNMENT
The estimated budgetary impact of S. 287 is summarized in Table 1. The costs of this
legislation fall within budget function 700 (veterans benefits and services).
BASIS OF ESTIMATE
For this estimate, CBO assumes the legislation will be enacted early in fiscal year 2014,
that the necessary amounts will be appropriated for each year, and that outlays will follow
historical spending patterns for similar and existing programs.

S. 287
Helping Homeless Veterans Act of 2013
As ordered reported by the Senate Committee on Veterans'Affairs
on July 24, 2013

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