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Women's Small Business Ownership Act of 2015 1 (October 29, 2015)

handle is hein.congrec/cbo2604 and id is 1 raw text is: an CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 29, 2015 S. 2126 Women's Small Business Ownership Act of 2015 As ordered reported by the Senate Committee on Small Business and Entrepreneurship on October 8, 2015 SUMMARY S. 2126 would amend the Small Business Administration's Women's Business Center Program, and authorize the appropriation of $21.75 million for each of fiscal years 2016 through 2020 for that program. CBO estimates that implementing S. 2126 would cost $97 million over the 2016-2020 period, assuming appropriation of the authorized amounts. Enacting S. 2126 would not affect direct spending or revenues, therefore pay-as-you-go procedures do not apply. CBO estimates that enacting S. 2126 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2026. S. 2126 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. 2126 is shown in the following table. The costs of this legislation fall within budget function 370 (commerce and housing credit). By Fiscal Year, in Millions of Dollars 2016- 2016 2017 2018 2019 2020 2020 CHANGES IN SPENDING SUBJECT TO APPROPRIATION Authorization Level 22 22 22 22 22 109 Estimated Outlays 12 20 22 22 22 97 Note: Details may not sum to totals because of rounding.

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