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S. 6, Putting Our Veterans Back to Work Act of 2013 1 (December 10, 2013)

handle is hein.congrec/cbo1450 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE December 10, 2013 S.6 Putting Our Veterans Back to Work Act of 2013 As ordered reported by the Senate Committee on Veterans'Affairs on July 24, 2013 SUMMARY S. 6 would create or modify programs that provide employment opportunities, employment training, rehabilitative training services, and employment and reemployment protections to veterans and servicemembers. CBO estimates that enacting the bill would increase direct spending by about $1.1 billion over the 2014-2023 period. Because the bill would affect direct spending, pay-as-you-go procedures apply. Enacting S. 6 would have an insignificant effect on revenues. In addition, CBO estimates that implementing S. 6 would have discretionary costs of about $1.4 billion over the 2014-2018 period, assuming appropriation of the specified and estimated amounts. The bill would impose intergovernmental and private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) because it would require public and private individuals to comply with civil investigative orders pertaining to the Uniformed Services Employment and Reemployment Rights Act (USERRA). CBO estimates that the costs to comply with the mandate would be small and would not exceed the annual thresholds for intergovernmental or private-sector mandates ($75 million and $150 million in 2013, respectively, adjusted annually for inflation). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of S. 6 is shown in Table 1. The costs of this legislation fall within budget functions 450 (community and regional development), 500 (education, training, employment, and social services), 700 (veterans benefits and services), and 750 (administration of justice).

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