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H.R. 4539, Bureau Research Transparency Act 1 (August 4, 2014)

handle is hein.congrec/cbo1800 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 4, 2014 H.R. 4539 Bureau Research Transparency Act As ordered reported by the House Committee on Financial Services on June 11, 2014 SUMMARY H.R. 4539 would require the Bureau of Consumer Financial Protection (CFPB) to make available all studies, data, and other analyses that were used to produce research papers that the bureau makes available to the public. CBO estimates that enacting H.R. 4539 would increase direct spending by $8 million over the 2015-2024 period; therefore, pay-as-you-go procedures apply. Enacting H.R. 4539 would not affect revenues, and implementing the bill would not affect discretionary spending. H.R. 4539 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 effect of H.R. 4539 is shown in the following table. The costs of this legislation fall within budget function 370 (commerce and housing credit). By Fiscal Year, in Millions of Dollars 2015- 2015- 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2019 2024 CHANGES IN DIRECT SPENDING Estimated Budget Authority 1 1 1 1 1 1 1 1 1 1 4 8 Estimated Outlays 1 1 1 1 1 1 1 1 1 1 4 8 Note: Components may not sum to totals because of rounding. a

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