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H.R. 2285, Prevent Trafficking in Cultural Property Act 1 (September 16, 2016)

handle is hein.congrec/cbo3207 and id is 1 raw text is: 




                  CONGRESSIONAL BUDGET OFFICE

a                           COST ESTIMATE
                                                              September 16, 2016


                                  H.R. 2285
               Prevent Trafficking in Cultural Property Act

           As ordered reported by the House Committee on Ways and Means
                              on September 14, 2016


H.R. 2285 would require the Department of Homeland Security (DHS) to designate certain
officials to coordinate the department's efforts to protect international cultural property
and develop strategies to reduce the illegal trade in such property. The legislation also
would authorize DHS agencies to enter into agreements with the Smithsonian Institution
for the temporary use of the institution's staff. Information from DHS indicates that many
of the bill's requirements are already being met; thus, CBO estimates that implementing
H.R. 2285 would cost less than $500,000 annually. 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. 2285 would not increase net direct spending or
on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.

H.R. 2285 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates Reform Act.

On December 9, 2015, CBO transmitted a cost estimate for H.R. 2285, as ordered reported
by the House Committee on Homeland Security on November 4, 2015. The two versions of
the bill are similar and CBO's estimates of the budgetary effects are the same.

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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