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H.R. 5389, Leveraging Emerging Technologies Act of 2016 1 (June 24, 2016)

handle is hein.congrec/cbo3024 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 24, 2016 H.R. 5389 Leveraging Emerging Technologies Act of 2016 As ordered reported by the House Committee on Homeland Security on June 8, 2016 H.R. 5389 would direct the Department of Homeland Security (DHS), within six months of the bill's enactment, to develop a strategy to work with emerging technology firms to improve DHS programs. Based on information from DHS, CBO estimates that devising the strategy would cost less than $500,000; such spending would be subject to the availability of appropriated funds. Enacting the legislation would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 5389 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. H.R. 5389 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 Mark Grabowicz. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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