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1 1 (October 19, 2017)

handle is hein.congrec/cbo3849 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 19, 2017 H.R. 3922 CHAMPION Act of 2017 As ordered reported by the House Committee on Energy and Commerce on October 4, 2017 SUMMARY H.R. 3922 would extend funding for Community Health Centers and several other public health programs for two years, through 2019. It also would shorten the grace period during which premiums can be paid and reduce funding available for the Prevention and Public Health Fund. On net, CBO estimates that implementing the legislation would reduce the deficit by $1.4 billion over the 2018-2027 period. Enacting H.R. 3922 would affect direct spending and revenues; therefore, pay-as-you-go procedures apply. CBO estimates that enacting H.R. 3922 would not increase net direct spending or on-budget deficits in one or more of the four consecutive 10-year periods beginning in 2028. H.R. 3922 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 3922 is shown in the following table. The costs of this legislation fall within budget functions 550 (health) and 500 (education, training, employment, and social services). a

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