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H.R. 3038, Highway and Transportation Funding Act of 2015, Part II 1 (July 14, 2015)

handle is hein.congrec/cbo2452 and id is 1 raw text is: PRELIMINARY ESTIMATE OF THE EFFECTS ON DIRECT SPENDING AND REVENUES OF H.R. 3038, THE HIGHWAY AND TRANSPORTATION FUNDING ACT OF 2015, PART II, AS INTRODUCED ON JULY 13,2015 By Fiscal Year, in Millions of Dollars 2015- 2015- 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2020 2025 CHANGES IN REVENUES Estimated Revenues Transportation Contract Authority Budget Authority b Estimated Outlays 19 171 592 385 401 426 467 534 603 639 667 1,997 4,908 CHANGES IN DIRECT SPENDING a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TSA Aviation Security Fees Estimated Budget Authority 0 0 0 0 0 0 0 Estimated Outlays 0 0 0 0 0 0 0 0 Total Changes Estimated Budget Authority Estimated Outlays 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NET DECREASE (-) IN THE DEFICIT FROM CHANGES IN DIRECT SPENDING AND REVENUES 0 0 0 0 0 0 0 0 0 0 0 -1,560 -1,600 0 -3,160 0 -1,560 -1,600 0 -3,160 0 -1,560 -1,600 0 -3,160 0 -1,560 -1,600 0 -3,160 Impact on Deficit Memorandum: Intragovernmnetal Transfers from the General Fund to the Highway Trust Fund' Budget Authority Estimated Outlays -19 -171 -592 -385 -401 -426 -467 -534 -603 -2,199 -2,267 -1,997 -8,068 CHANGES IN INTRAGOVERNMENTAL TRANSFERS d 8,068 0 0 0 0 0 0 0 0 0 0 8,068 8,068 8,068 0 0 0 0 0 0 0 0 0 0 8,068 8,068 NET INCREASE OR DECREASE (-) IN THE DEFICIT FROM CHANGES IN DIRECT SPENDING AND REVENUES INCLUDING INTRAGOVERNMENTAL TRANSFERS FROM THE GENERAL FUND TO THE HIGHWAY TRUST FUND FOR BUDGET ENFORCEMENT PURPOSES IN THE U.S. HOUSE OF REPRESENTATIVES Impact on Deficit 8049 -171 -592 -385 -401 -426 -467 -534 -603 -2,199 -2,267 6,071 0 Sources: Congressional Budget Office and the staff of the Joint Committee on Taxation. Notes: Amounts may not sum totottals because of rounding; TSA - Transportation Security Administration. a. Section 3107(b) of the Concurrent Resolution on the Budget for Fiscal Year 2016 requires CBO to provide estimates of changes in budget authority, outlays, and revenues over the 2016-2045 period for legislation that transfers general funds to the Highway Trust Fund. CBO estimates that there would be no additional changes in budget authority and outlays over that time under provisions of the bill. Staff of the Joint Committee on Taxation estimate that over the 2026-2045 period additional revenues would total $28,762 million. Continued

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