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H.R. 1119, Research and Development Efficiency Act 1 (March 12, 2015)

handle is hein.congrec/cbo2164 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 12, 2015 H.R. 1119 Research and Development Efficiency Act As ordered reported by the House Committee on Science, Space, and Technology on March 4, 2015 H.R. 1119 would require the Director of the Office of Science and Technology Policy (OSTP) to establish a working group that would be tasked with making recommendations on how to streamline federal regulations and reporting requirements for persons and institutions seeking to perform federally funded research. The working group would have to seek input and recommendations from nonfederal stakeholders. Within one year of enactment, OSTP also would be required to report to the Congress on what steps have been taken to carry out the recommendations of the working group. CBO estimates that implementing H.R. 1119 would have no significant cost because the activities specified in the bill are generally consistent with activities already carried out by OSTP and other agencies that would probably participate in the proposed working group. Enacting H.R. 1119 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 1119 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. The CBO staff contact for this estimate is Marin Burnett. The estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.

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