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1 S. 1446, a Bill to Reauthorize the Historically Black Colleges and Universities Historic Preservation Program 1 (April 11, 2018)

handle is hein.congrec/cbomaybb0001 and id is 1 raw text is: a WM. CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 11, 2018 S. 1446 A bill to reauthorize the Historically Black Colleges and Universities Historic Preservation program As ordered reported by the Senate Committee on Energy and Natural Resources on March 8, 2018 SUMMARY S. 1446 would authorize the appropriation of funds for the Historic Preservation Fund to provide grants for the restoration and preservation of historic buildings at Historically Black Colleges and Universities (HBCUs). CBO estimates that implementing the bill would cost $17 million over the 2019-2023 period, assuming appropriation of the authorized amounts. Enacting S. 1446 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 1446 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. S. 1446 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 S. 1446 is shown in the following table. The costs of the legislation fall within budget function 300 (natural resources and environment).

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