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S. 1866, Veterans Small Business Ownership Improvements Act of 2015 1 (September 14, 2015)

handle is hein.congrec/cbo2563 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE September 14, 2015 S. 1866 Veterans Small Business Ownership Improvements Act of 2015 As ordered reported by the Senate Committee on Small Business and Entrepreneurship on July 29, 2015 SUMMARY S. 1866 would authorize several programs to provide entrepreneurship training through the Small Business Administration (SBA) to veterans. S. 1866 also would require the SBA and the Government Accountability Office (GAO) to provide reports to the Congress on the performance and effectiveness of the programs authorized under the bill. CBO estimates that implementing S. 1866 would cost $52 million over the 2016-2020 period, assuming appropriation of the authorized and necessary amounts. Pay-as-you-go procedures do not apply to this legislation because enacting it would not affect direct spending or revenues. S. 1866 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 1866 is shown in the following table. The costs of this legislation fall within budget function 370 (commerce and housing credit).

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