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H.R. 1365, Department of Homeland Security Acquisition Innovation Act 1 (March 22, 2017)

handle is hein.congrec/cbo3410 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 22, 2017 H.R. 1365 Department of Homeland Security Acquisition Innovation Act As ordered reported by the House Committee on Homeland Security on March 8, 2017 H.R. 1365 would authorize the Department of Homeland Security (DHS) to promote the use of innovation in its acquisition programs. The legislation would direct DHS to provide information annually to the Congress on activities related to innovative acquisition practices. Based on information from DHS, CBO estimates that implementing H.R. 1365 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. 1365 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 1365 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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