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S. 1086, Child Care and Development Block Grant Act of 2014 1 (October 14, 2014)

handle is hein.congrec/cbo1965 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 14, 2014 S. 1086 Child Care and Development Block Grant Act of 2014 As passed by the House of Representatives on September 15, 2014 SUMMARY S. 1086 would amend and reauthorize through fiscal year 2020 the Child Care and Development Block Grant Act of 1990. The Child Care and Development Block Grant program was initially authorized through 2002 and has been authorized in annual appropriation acts since then. It is currently authorized through December 11, 2014, at an annualized level of $2.36 billion by the Continuing Appropriations Resolution, 2015 (Public Law 113-164). The act would authorize the appropriation of between $2.4 billion and $2.7 billion per year for each of fiscal years 2015 through 2020. CBO estimates that implementing S. 1086 would cost $12.0 billion over the 2015-2019 period, assuming appropriation of the authorized amounts. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. S. 1086 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 effect of S. 1086 is shown in the following table. The costs of this legislation fall within budget function 600 (income security).

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