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1 S. 516, Advanced Air Mobility Coordination and Leadership Act, as Ordered Reported by the Senate Committee on Commerce, Science, and Transportation on May 12, 2021 1 (July 26, 2021)

handle is hein.congrec/cboadvam0001 and id is 1 raw text is: \ Congressional Budget Office Cost Estimate July 26, 2021 By Fiscal Year, Millions of Dollars 2021 2021- 2O26 2021 -2031 Direct Spending (Outlays) 0 0 0 Revenues Increase or Decrease (-) in the Deficit 0 0 0 0 0 0 S. 516 would require the Department of Transportation (DOT) to establish an interagency working group on advanced air mobility (AAM) consisting of representatives from at least 10 federal agencies.1 The working group would evaluate the policies and infrastructure necessary to advance AAM operations, coordinate with state and local governments and the private sector, develop an AAM national strategy, and report to the Congress. Within 30 days of issuing that report, DOT would determine whether to continue or terminate the working group. In addition, the bill would require the Government Accountability Office to report on the authority of various levels of government over AAM operations. Using information from DOT and based on the cost of similar activities, CBO estimates that implementing S. 516 would cost $1 million over the 2021-2026 period; such spending would be subject to the availability of appropriated funds. The CBO staff contact for this estimate is Aaron Krupkin. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis. 1. Advanced air mobility refers to the development and implementation of innovative aviation technologies that use existing airspace operations to transport people and cargo, such as electric vertical takeoff and landing aircraft and autonomous aircraft. See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42994.

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