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S. 2646, Runaway and Homeless Youth and Trafficking Prevention Act 1 (November 18, 2014)

handle is hein.congrec/cbo1991 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE November 18, 2014 S. 2646 Runaway and Homeless Youth and Trafficking Prevention Act As ordered reported by the Senate Committee on the Judiciary on September 18, 2014 S. 2646 would authorize the appropriation of $168 million for each year from 2015 through 2019 for programs that provide services to runaway and homeless youth. CBO estimates that implementing the bill would cost $20 million in 2015 and $668 million over the 2015-2019 period, assuming the appropriation of the necessary amounts. Enacting the bill would affect direct spending and revenues; therefore, pay-as-you-go procedures apply. However, CBO estimates that the net effect on the deficit of those changes would be insignificant. S. 2646 would expand an existing intergovernmental mandate, as defined in the Unfunded Mandates Reform Act (UMRA), that requires state and local law enforcement agencies to share and update information about missing persons under the age of 21. CBO estimates that the costs for those agencies to comply with the additional reporting requirements would be small and well below the annual threshold for intergovernmental mandates established in UMRA ($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 effects of S. 2646 are shown in the following table. The costs of this legislation fall within budget functions 500 (education, training, employment, and social services) and 750 (administration of justice).

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