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H.R. 1927, Fairness in Class Action Litigation Act of 2015 1 (July 30, 2015)

handle is hein.congrec/cbo2425 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 30, 2015 H.R. 1927 Fairness in Class Action Litigation Act of 2015 As ordered reported by the House Committee on the Judiciary on June 24, 2015 H.R. 1927 would amend the federal judicial code to prohibit federal courts from certifying any proposed class unless the party seeking to maintain a class action demonstrates that each member of that class suffered an injury of the same type and degree. According to information from the Administrative Office of the United States Courts (AOUSC), the legislation would probably reduce both the number of class action suits filed and the number of plaintiffs in them, while increasing the administrative burden on the courts to review class action suits that would be filed after enactment of H.R. 1927. Based on information from the AOUSC, CBO estimates that the additional costs to federal courts under H.R. 1927 would not be significant. Enacting H.R. 1927 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 1927 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. 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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