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H.R. 4058, the Preventing Sex Trafficking and Improving Opportunities for Youth in Foster Care Act 1 (May 2, 2014)

handle is hein.congrec/cbo1616 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 2, 2014 H.R. 4058 Preventing Sex Trafficking and Improving Opportunities for Youth in Foster Care Act As ordered reported by the House Committee on Ways and Means on April 29, 2014 SUMMARY H.R. 4058 would make several changes to the Title IV-E foster care program within the Department of Health and Human Services (HHS), including imposing new placement and reporting rules. CBO estimates that enacting the bill would increase direct spending by $3 million over the 2014-2024 period; therefore, pay-as-you-go procedures apply to the bill. Enacting H.R. 4058 would not affect revenues. Implementing the bill would not affect spending subject to appropriation. H.R. 4058 would impose intergovernmental mandates, as defined in the Unfunded Mandates Reform Act (UMRA), on state governments by increasing the stringency of conditions in their implementation of the foster care program. CBO estimates, however, that the cost of the mandates would not exceed the threshold established in UMRA for intergovernmental mandates ($76 million in 2014, adjusted annually for inflation). The bill contains no private-sector mandates as defined in UMRA. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of H.R. 4058 is shown in the following table. The costs of this legislation fall within budget function 600 (income security).

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