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S. 1000, SCORE for Small Business Act of 2015 1 (June 8, 2015)

handle is hein.congrec/cbo2258 and id is 1 raw text is: Cb CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 8, 2015 S. 1000 SCORE for Small Business Act of 2015 As ordered reported by the Senate Committee on Small Business and Entrepreneurship on April 23, 2015 SUMMARY S. 1000 would authorize the appropriation of $10.5 million for each of fiscal years 2016, 2017, and 2018 to carry out the SCORE program, which supports volunteers who provide counseling and advice to individuals who own or wish to own a small business. Under current law, the program is known as the Service Corps of Retired Executives; S. 1000 would change the name to the SCORE program. CBO estimates that implementing S. 1000 would cost $32 million over the 2016-2020 period, assuming appropriation of the specified amounts. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. S. 1000 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. 1000 is shown in the following table. The costs of this legislation fall within budget function 370 (commerce and housing credit).

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