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

S. 3084, American Innovation and Competitiveness Act 1 (November 1, 2016)

handle is hein.congrec/cbo3253 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE November 1, 2016 S. 3084 American Innovation and Competitiveness Act As ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 29, 2016 SUMMARY S. 3084 would amend current law and authorize the appropriation of about $17.3 billion over the 2017-2018 period for the operations of the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST). Assuming appropriation of the specified and estimated amounts, CBO estimates that implementing the legislation would cost $16.4 billion over the 2017-2021 period and $0.9 billion after 2021. CBO also estimates that enacting S. 3084 would increase direct spending by $25 million over the 2017-2026 period because enacting the legislation would authorize NIST to enter into enhanced-use leasing arrangements. Because enacting the bill would increase direct spending, pay-as-you-go procedures apply. Enacting S. 3084 would not affect revenues. CBO estimates that enacting S. 3084 would not increase net direct spending or on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2027. S. 3084 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 effects of S. 3084 are shown in the following table. The costs of this legislation fall within budget functions 250 (general science, space, and technology), 300 (natural resources and environment), 370 (commerce and housing credit), and 800 (general government).

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