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S. 469, Affordable and Safe Prescription Drug Importation Act 1 (July 31, 2017)

handle is hein.congrec/cbo3702 and id is 1 raw text is: 





PRELIMINARY ESTIMATE - S. 469, the Affordable and Safe Prescription Drug Importation Act (as introduced)
Prepared for the Ranking Member of the Senate Budget Committee


(July 31, 2017)


(Millions of dollars, by fiscal year)
                                    2017        2018        2019       2020        2021       2022        2023        2024       2025        2026        2027   2017-2022  2017-2027


                                                                             CHANGES  IN DIRECT SPENDING


Estimated Budget Authority             0           0           0         -28       -174        -434        -703       -737        -915      -1,014      -1,104       -635      -5,107
Estimated Outlays                      0           0           0         -28       -174        -436        -706       -741        -917      -1,014      -1,104       -637      -5,119


                                                                                CHANGES  IN REVENUES


Total Changes in Revenues              0           0           0          8          45         125        228         292         324        343         359         178       1,725
  On-budget                            0           0          0           7          34         96         176         229        253         267         278        137       1,340
  Off-budget                           0           0          0           1          11         29          51          63         71          76          81         42         384


                                                        DECREASES IN DEFICITS FROM CHANGES  IN DIRECT SPENDING AND REVENUES


Net Decrease in the Deficit            0           0           0         -36       -219        -561        -934      -1,033     -1,241      -1,357      -1,463       -816      -6,843
  On-budget                            0           0          0          -35       -208        -532       -883        -970      -1,170      -1,281     -1,382        -774      -6,459
  Off-budget                           0           0          0           -1        -11         -29        -51         -63         -71        -76         -81         -42       -384



Notes:      Estimates are relative to CBO's January 2017 baseline; Components may not sum to totals because of rounding.


            The bill, as introduced on February 28, 2017, would expand the Food and Drug Administration's regulatory authority surrounding importation of prescription drugs. The legislation would also
            permit pharmacies, wholesalers, and individuals (for personal use) to import prescription drugs into the United States under certain new conditions from selected countries. The bill would
            also affect spending subject to appropriation. CBO has not completed that analysis.

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