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S. 808, Surface Transportation Board Reauthorization Act of 2015 1 (April 17, 2015)

handle is hein.congrec/cbo2214 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 17, 2015 S. 808 Surface Transportation Board Reauthorization Act of 2015 As ordered reported by the Senate Committee on Commerce, Science, and Transportation on March 25, 2015 SUMMARY S. 808 would authorize appropriations for the programs of the Surface Transportation Board (STB), establish the STB as a government agency independent of the Department of Transportation (DOT), and authorize other changes in the agency's operations. Based on information from the STB, CBO estimates that implementing the bill would cost $198 million over the 2016-2020 period, assuming the appropriation of the amounts authorized and estimated to be necessary. Enacting S. 808 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. S. 808 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 S. 808 is shown in the following table. The costs of this legislation fall within budget function 400 (transportation).

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