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H.R. 1020: STEM Education Act of 2015 1 (June 4, 2015)

handle is hein.congrec/cbo2241 and id is 1 raw text is: 




                 CONGRESSIONAL BUDGET OFFICE
                            COST ESTIMATE

                                                                    June 4, 2015


                                 H.R.   1020
                        STEM Education Act of 2015

As ordered reported by the Senate Committee on Commerce, Science, and Transportation
                                on May  20, 2015


H.R. 1020 would require the National Science Foundation (NSF) to continue to award
grants in support of STEM (science, technology, engineering, and mathematics) education.
The National Science Foundation Act of 1950 permanently authorizes and directs the NSF
to provide grant opportunities for scientific research as part of its mission and purpose. The
legislation also would expand eligibility for certain scholarship programs and teaching
fellowships to include computer science teachers and educators who hold bachelor's
degrees.

Based on information from the NSF, CBO estimates that implementing the legislation
would have a minimal impact on the agency's workload and would have no significant
impact on the federal budget. Enacting the legislation would not affect direct spending or
revenues; therefore, pay-as-you-go procedures do not apply.

H.R. 1020 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates  Reform Act and would benefit public universities and research
centers in STEM fields. Any cost incurred by those entities, including matching
contributions, would be incurred voluntarily.

The CBO  staff contact for this estimate is Marin Burnett. The estimate was approved by
H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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