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H.R. 1093, a Bill to Require the Federal Railroad Administration to Provide Appropriate Congressional Notice of Comprehensive Safety Assessments Conducted with Respect to Intercity or Commuter Rail Passenger Transportation 1 (April 18, 2017)

handle is hein.congrec/cbo3508 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 18, 2017 H.R. 1093 A bill to require the Federal Railroad Administration to provide appropriate Congressional notice of comprehensive safety assessments conducted with respect to intercity or commuter rail passenger transportation As ordered reported by the House Committee on Transportation and Infrastructure on March 29, 2017 H.R. 1093 would require the Federal Rail Administration (FRA) to notify the Congress upon initiating certain safety assessments and to complete and transmit formal reports to the Congress within 90 days of completing an assessment. When the FRA conducts a safety assessment of a rail provider the agency does not typically produce a formal report of its findings. Instead, the FRA provides informal communications to the railroad that it has assessed. As a result, the agency would need additional personnel to complete the reporting requirements contained in the bill. According to the agency, it completes two or three safety assessments each year. Based on an analysis of information from the FRA, CBO expects that a formal report to the Congress on each assessment would require the equivalent of one or two full-time employees per year. Thus, CBO estimates that implementing the bill would cost $2 million over the 2018-2022 period, assuming the availability of appropriated amounts. Enacting H.R. 1093 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 1093 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. The bill 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 Sarah Puro. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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