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H.R. 207, Developing the Next Generation of Small Business Act of 2016 1 (May 18, 2016)

handle is hein.congrec/cbo2931 and id is 1 raw text is: ab CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 18, 2016 H.R. 207 Developing the Next Generation of Small Business Act of 2016 As reported by the House Committee on Small Business on April 26, 2016 SUMMARY H.R. 207 would direct the Small Business Administration (SBA) to make changes to the Small Business Development Center (SBDC) program, the Women's Business Center (WBC) program, and the SCORE small business program. The bill also would authorize appropriations for the WBC and SCORE programs. CBO estimates that implementing H.R. 207 would cost $107 million over the 2016-2021 period, assuming appropriation of the specified amounts. Pay-as-you-go procedures do not apply to this legislation because enacting it would not affect direct spending or revenues. CBO estimates that enacting H.R. 207 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. H.R. 207 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 207 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 2017- 2017 2018 2019 2020 2021 2021 CHANGES IN SPENDING SUBJECT TO APPROPRIATION Estimated Authorization Level 33 32 22 22 0 109 Estimated Outlays 19 29 26 23 10 107

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