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1 H.R. 5649, Navy SEAL Chief Petty Officer William Bill Mulder (Ret.) Transition Improvement Act of 2018 1 (July 19, 2018)

handle is hein.congrec/cbonavyseal0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 19, 2018 H.R. 5649 Navy SEAL Chief Petty Officer William 'Bill' Mulder (Ret.) Transition Improvement Act of 2018 As ordered reported by the House Committee on Veterans' Affairs on July 12, 2018 SUMMARY Enacting H.R. 5649 would affect several programs of the Department of Veterans Affairs (VA) that provide education benefits. On net, CBO estimates that enacting the bill would decrease direct spending for those benefits by $125 million over the 2019-2028 period. In addition, H.R. 5649 would authorize grants for programs that help separating military personnel prepare for civilian life. It also would require two studies of similar programs that are administered by the federal government. In total, CBO estimates that implementing the bill would cost $16 million over the 2019-2023 period, assuming appropriation of the necessary amounts. Pay-as-you-go procedures apply because enacting H.R. 5649 would affect direct spending. The bill would not affect revenues. CBO estimates that enacting H.R. 5649 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2029. H.R. 5649 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. 5649 is shown in Table 1. The costs of the legislation fall within budget function 700 (veterans benefits and services). a

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