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H.R. 4782, Veterans' Compensation Cost-of-Living Adjustment Act of 2016 1 (September 9, 2016)

handle is hein.congrec/cbo3227 and id is 1 raw text is: 




                 CONGRESSIONAL BUDGET OFFICE
                             COST ESTIMATE

                                                              September 9, 2016


                                 H.R. 4782
     Veterans' Compensation Cost-of-Living Adjustment Act of 2016

          As ordered reported by the House Committee on Veterans' Affairs
                                on May 18, 2016


SUMMARY

H.R. 4782 would modify several programs administered by the Department of Veterans
Affairs (VA), including veterans' disability and burial benefits. H.R. 4782 also would
create a pilot program intended to help veterans apply for VA benefits and would reserve
burial plots at Arlington National Cemetery for recipients of the Medal of Honor. CBO
estimates that enacting H.R. 4782 would, on net, decrease direct spending by $312 million
over the 2017-2026 period. Pay-as-you-go procedures apply because enacting the
legislation would affect direct spending. Enacting the bill would not affect revenues.

In addition, CBO estimates that implementing the bill would have discretionary costs
totaling $7 million over the 2017-2021 period; that spending would be subject to the
availability of appropriated funds.

CBO estimates that enacting the legislation would not increase net direct spending or
on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.

H.R. 4782 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or
tribal governments.


ESTIMATED COST TO THE FEDERAL GOVERNMENT

The estimated budgetary effect of H.R. 4782 is shown in Table 1. The costs of this
legislation fall within budget function 700 (veterans benefits and services).

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