About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

S. 1077, Advancing Breakthrough Devices for Patients Act of 2016 1 (June 24, 2016)

handle is hein.congrec/cbo3017 and id is 1 raw text is: ab CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 24, 2016 S. 1077 Advancing Breakthrough Devices for Patients Act of 2016 As reported by the Senate Committee on Health, Education, Labor, and Pensions on April 5, 2016 SUMMARY S. 1077 would amend the Federal Food, Drug, and Cosmetic Act to expedite the Food and Drug Administration's (FDA's) review of certain medical devices that represent breakthrough technologies. Such technologies include devices where no approved alternatives exist or those that offer significant advantages over existing alternatives. CBO estimates that implementing S. 1077 would cost $173 million over the 2017-2021 period, assuming appropriation of the necessary amounts. Pay-as-you-go procedures do not apply to the bill because enacting S. 1077 would not affect direct spending or revenues. CBO estimates that enacting S. 1077 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 1077 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 S. 1077 is shown in the following table. The costs of this legislation fall within budget function 550 (health).

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most