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S. 1344, Arctic Research, Monitoring, and Observing Act of 2013 1 (September 9, 2013)

handle is hein.congrec/cbo11329 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE September 9, 2013 SUMMARY S. 1344 would amend the Arctic Research and Policy Act of 1984 to establish a grant program to provide funding to nonfederal entities to conduct research related to the Arctic. Based on information regarding the cost of similar grant programs administered by the National Oceanic and Atmospheric Administration (NOAA), CBO estimates that implementing the legislation would cost $17 million over the 2014-2018 period. Enacting S. 1344 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. S. 1344 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. 1344 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment). By Fiscal Year, in Millions of Dollars 2014- 2014 2015 2016 2017 2018 2018 CHANGES IN SPENDING SUBJECT TO APPROPRIATION Estimated Authorization Level 4 4 4 4 4 20 Estimated Outlays 2 3 4 4 4 17 S. 1344 Arctic Research, Monitoring, and Observing Act of 2013 As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 30, 2013

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