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H.J. Res. 92, a Joint Resolution Granting the Consent and Approval of Congress for the Commonwealth of Virginia, the State of Maryland, and the District of Columbia to Amend the Washington Area Transit Regulation Compact 1 (June 21, 2017)

handle is hein.congrec/cbo3647 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 21, 2017 H.J. Res. 92 A joint resolution granting the consent and approval of Congress for the Commonwealth of Virginia, the State of Maryland, and the District of Columbia to amend the Washington Area Transit Regulation Compact As ordered reported by the House Committee on the Judiciary on June 14, 2017 H.J. Res. 92 would grant Congressional consent to amendments made to the compact between Maryland, Virginia, and the District of Columbia that governs transit regulation in the Washington D.C. metro area. The amendments would bring the compact into compliance with current federal law that requires the Department of Transportation, rather than the General Services Administration to appoint the federal directors to the governing body of the Washington Metropolitan Area Transit Authority. Based on information from those agencies, CBO estimates that implementing the changes in the compact would have no effect on the federal budget. Enacting H.J. Res. 92 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.J. Res. 92 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 impose no costs on 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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