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1 H.R. 4162, GI Bill Planning Act of 2019, as Ordered Reported by the House Committee on Veterans' Affairs on October 16, 2019 1 (November 8, 2019)

handle is hein.congrec/cbogipln0001 and id is 1 raw text is: j Congressional Budget Office Cost Estimate November 8, 2019 By Fiscal Year, Millions of Dollars 2020 2020-2024 2020-2029 Direct Spending (Outlays) -6 34 * Revenues 0 0 0 Increase or Decrease (-) in the Deficit The bill would * Provide service members more time to decide whether to contribute the necessary amounts from their pay in order to be eligible in the future for benefits under the Montgomery GI Bill for Active Duty (MGIB-AD) * Require public colleges and universities to charge no more than in-state tuition for nearly all students using veterans' education benefits * Eliminate eligibility for the MGIB-AD for service members who join the military after September 30, 2029 Estimated budgetary effects would primarily stem from * Fewer service members making MGIB-AD contributions and the resulting net decline in their use of education benefits * Additional students qualifying for in-state tuition rates at public colleges and universities Areas of significant uncertainty include * Projecting the number of service members who would not make MGIB-AD contributions and estimating the subsequent net decline in their use of education benefits Detailed estimate begins on the next page. 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.govipublicationi42904.

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