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H.R. 2261, Commercial Remote Sensing Act of 2015 1 (May 19, 2015)

handle is hein.congrec/cbo2279 and id is 1 raw text is: C*b CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 19, 2015 H.R. 2261 Commercial Remote Sensing Act of 2015 As ordered reported by the House Committee on Science, Space, and Technology on May, 13, 2015 SUMMARY H.R. 2261 would direct the Secretary of Commerce to submit annual reports on the status of private-sector applications for remote sensing technologies. The Secretary also would be required to submit a report to Congressional committees on any statutory changes that may be necessary to protect and promote national interests in such systems. Assuming the availability of appropriated funds, CBO estimates that implementing H.R. 2261 would cost $3 million over the 2016-2020 period. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. H.R. 2261 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 H.R. 2261 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and the environment). By Fiscal Year, in Millions of Dollars 2016- 2016 2017 2018 2019 2020 2020 CHANGES IN SPENDING SUBJECT TO APPROPRIATION Estimated Authorization Level 2 * * * * 3 Estimated Outlays 1 1 * * * 3 Note: * = Less than $500,000.

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