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H.R. 475, GI Bill Processing Improvement and Quality Enhancement Act of 2015 1 (August 26, 2015)

handle is hein.congrec/cbo2504 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 26, 2015 H.R. 475 GI Bill Processing Improvement and Quality Enhancement Act of 2015 As ordered reported by the House Committee on Veterans' Affairs on May 21, 2015 SUMMARY H.R. 475 would require the Department of Veterans Affairs (VA) to make several changes to its information technology systems. In total, CBO estimates that implementing the bill would cost $3.4 billion over the 2016-2020 period, subject to appropriation of the necessary amounts. H.R. 475 also would affect the cost of providing certain mandatory veterans' benefits. It would modify educational benefits by reducing the amount that VA pays for flight-training programs, expanding the types of active service for which reservists can earn educational benefits, and authorizing reimbursements for the costs of applying to institutions of higher learning. The bill also would increase the amount of the loan guarantee VA can provide for veterans who use a mortgage to purchase a home. On net, those changes would increase direct spending by $191 million over the 2016-2025 period. Pay-as-you-go procedures apply because enacting the legislation would affect direct spending. Enacting the bill would not affect revenues. H.R. 475 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would benefit public institutions of higher education that participate in educational programs under the GI Bill. Any costs those entities might incur would be incurred voluntarily as conditions of participating in a voluntary federal program. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effects of H.R. 475 are shown in Table 1. The costs of this legislation fall within budget function 700 (veterans benefits and services).

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