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H. Con. Res. 119, a Concurrent Resolution Authorizing the Use of the Capitol Grounds for the Greater Washington Soap Box Derby 1 (March 18, 2016)

handle is hein.congrec/cbo2859 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 18, 2016 H. Con. Res. 119 A concurrent resolution authorizing the use of the Capitol Grounds for the Greater Washington Soap Box Derby As ordered reported by the House Committee on Transportation and Infrastructure onMarch 2, 2016 H. Con. Res. 119 would authorize the Greater Washington Soap Box Derby Association to use the Capitol grounds on June 18, 2016, or on such a date as the Speaker of the House of Representatives and the Senate Committee on Rules and Administration may jointly designate. Because the association would assume responsibility for all expenses and liabilities associated with the event, CBO estimates that passage of H. Con. Res. 119 would result in no significant cost to the federal government. Because final passage of the legislation would not affect direct spending or revenues, pay-as-you-go procedures do not apply. CBO estimates that H. Con. Res. 119 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. The CBO staff contact for this estimate is Matthew Pickford. This estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis. a

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