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S. 764, National Sea Grant College Program Amendments Act of 2015 1 (April 24, 2015)

handle is hein.congrec/cbo2195 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 24, 2015 S.764 National Sea Grant College Program Amendments Act of 2015 As ordered reported by the Senate Committee on Commerce, Science, and Transportation on March 25, 2015 SUMMARY S. 764 would authorize appropriations totaling $544 million over the 2016-2021 period for the National Oceanic and Atmospheric Administration (NOAA) to carry out the National Sea Grant College Program, which funds scientific research, education, and public outreach at certain universities related to marine issues. In addition, under the bill the program would provide funds for marine policy fellowships. Assuming appropriation of the authorized amounts, CBO estimates that implementing the legislation would cost $397 million over the 2016-2020 period and $147 million after 2020. Because enacting the legislation would not affect direct spending or revenues, pay- as-you-go procedures do not apply. S. 764 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA), and would impose no costs on state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of S. 764 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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