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H.R. 1755, a Bill to Amend Title 36, United States Code, to Make Certain Improvements in the Congressional Charter of the Disabled American Veterans 1 (November 23, 2015)

handle is hein.congrec/cbo2690 and id is 1 raw text is: 




                 CONGRESSIONAL BUDGET OFFICE
                            COST   ESTIMATE

                                                             November 23, 2015



                                 H.R.   1755
       A  bill to amend title 36, United States Code, to make   certain
       improvements in the congressional charter of the Disabled
                             American   Veterans

            As ordered reported by the House Committee on the Judiciary
                             on September 17, 2015


H.R. 1755 would amend the charter of the Disabled American Veterans (DAV) to specify
that DAV is organized for charitable and educational purposes, and to ensure that upon
dissolution of the organization any remaining assets would be transferred to the
Department of Veterans Affairs. Those changes could allow DAV to qualify as a public
charity under the Internal Revenue Code, and thus might lead to an increase in tax
deductible donations. However, because DAV is already exempt from federal taxation and
qualified to receive deductible contributions as a war veterans organization, CBO and
the staff of the Joint Committee on Taxation expect that such changes would have a
negligible effect on federal revenues.

Enacting H.R. 1755 would not affect direct spending, but would have a negligible effect on
revenues; therefore, pay-as-you-go procedures apply. CBO estimates that enacting
H.R. 1755 would not increase net direct spending or on-budget deficits by more than
$5 billion in any of the four consecutive 10-year periods beginning in 2026.

H.R. 1755 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 Dwayne M. Wright. The estimate was approved
by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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