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H.R. 294, Long-Term Care Veterans Choice Act 1 (March 2, 2015)

handle is hein.congrec/cbo2108 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 2, 2015 H.R. 294 would authorize the Department of Veterans Affairs (VA) to provide long-term care in medical foster homes (MFHs) for certain veterans with severe service-connected disabilities. The bill also would limit the awards and bonuses paid to VA employees. On net, CBO estimates that implementing the bill would reduce discretionary costs by $253 million over the 2016-2020 period, subject to appropriation action consistent with the bill. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. H.R. 294 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. 294 is shown in the following table. The costs of this legislation fall within budget function 700 (veterans benefits and services). BASIS OF ESTIMATE For this estimate, CBO assumes that the legislation will be enacted near the end of fiscal year 2015, that the necessary amounts will be appropriated for each year, and that outlays will follow historical spending patterns for similar and existing programs. H.R. 294 Long-Term Care Veterans Choice Act As ordered reported by the House Committee on Veterans' Affairs on February 12, 2015

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