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H.R. 4909, National Defense Authorization Act for Fiscal Year 2017 1 (May 4, 2016)

handle is hein.congrec/cbo2876 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE Keith Hall, Director U.S. Congress Washington, DC 20515 May 4, 2016 Honorable Mac Thornberry Chairman Committee on Armed Services U.S. House of Representatives Washington, DC 20515 Dear Mr. Chairman: The Congressional Budget Office has completed a preliminary estimate of the direct spending and revenue effects of H.R. 4909, the National Defense Authorization Act for Fiscal Year 2017, as ordered reported by the House Committee on Armed Services on April 28, 2016. This preliminary estimate is based on legislative language for H.R. 4909 that was provided to CBO on May 2, 2016. CBO's complete cost estimate for H.R. 4909, including discretionary costs, will be provided shortly. H.R. 4909 would make several changes to military retirement and health care benefits. The bill also would make changes to the national defense stockpile, reduce unobligated balances in the Department of Defense Acquisition Workforce Development Fund, and require women to register with the Selective Service. Several other provisions would change direct spending by an insignificant amount over the 2017-2026 period. On a preliminary basis, CBO estimates that in total enacting H.R. 4909 would reduce net direct spending by $206 million over the 2017-2026 period (see attached table). The bill also would make numerous changes to the military justice system that CBO expects would increase the amount of fines and forfeitures of pay that are assessed at military courts-martial by less than $500,000 over the next 10 years. Those fines are classified as revenues. Because enacting the bill would affect direct spending and revenues, pay-as-you-go procedures apply.

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