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1 H.R. 5044, Service-Disabled Veterans Small Business Continuation Act [1] (May 9, 2018)

handle is hein.congrec/cbomaydg0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE C COST ESTIMATE May 9, 2018 H.R. 5044 Service-Disabled Veterans Small Business Continuation Act As ordered reported by the House Committee on Veterans' Affairs on May 8, 2018 In procuring goods and services, the Department of Veterans Affairs (VA) provides a special preference to firms owned and controlled by veterans with service-connected disabilities. Under current law, surviving spouses of veterans whose service-connected disabilities were rated at 100 percent are eligible to retain that preferential contracting status for up to 10 years after the veteran's death. H.R. 5044 would authorize similar treatment for surviving spouses of veterans whose service-connected disabilities were rated at less than 100 percent. Those spouses would be allowed to retain priority for obtaining contracts for up to three years. CBO expects the bill would result in minimal administrative costs to verify the new owners. On that basis, CBO estimates that implementing H.R. 5044 would cost less than $500,000 over the 2019-2023 period; that spending would be subject to the availability of appropriated funds. Enacting H.R. 5044 would not affect direct spending or revenues; therefore, pay-as-you- go procedures do not apply. CBO estimates that enacting H.R. 5044 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2029. H.R. 5044 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Logan Smith. The estimate was reviewed by Leo Lex, Deputy Assistant Director for Budget Analysis.

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