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1 H.R. 299, a Bill to Amend Title 38, United States Code, to Clarify Presumptions Relating to the Exposure of Certain Veterans Who Served in the Vicinity of the Republic of Vietnam, and for Other Purposes 1 (May 15, 2018)

handle is hein.congrec/cbobat0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 15, 2018 H.R. 299 A bill to amend title 38, United States Code, to clarify presumptions relating to the exposure of certain veterans who served in the vicinity of the Republic of Vietnam, and for other purposes As ordered reported by the House Committee on Veterans' Affairs on May 8, 2018 SUMMARY H.R. 299 would modify the loan guarantee and disability compensation programs administered by the Department of Veterans Affairs (VA). On net, CBO estimates that enacting the bill would decrease direct spending for those programs by $271 million over the 2019-2028 period. In addition, H.R. 299 would expand access to VA medical care for certain veterans and their dependents. In total, CBO estimates that implementing the bill would cost $136 million over the 2019-2023 period, assuming appropriation of the necessary amounts. Enacting H.R. 299 would affect direct spending; therefore, pay-as-you-go procedures apply. The bill would not affect revenues. CBO estimates that enacting H.R. 299 would not increase net direct spending by more than $2.5 billion or on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2029. H.R. 299 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. 299 is shown in Table 1. The costs of the legislation fall within budget function 700 (veterans benefits and services). a

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