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1 H.R. 1850, Palestinian International Terrorism Support Prevention Act of 2019, as Passed by the House of Representatives on July 23, 2019 1 (September 4, 2019)

handle is hein.congrec/cbopaltsup0001 and id is 1 raw text is: j Congressional Budget Office Cost Estimate September 4, 2019 By Fiscal Year, Millions of Dollars 2019 2019-2024 2019-2029 Direct Spending (Outlays) * * * Revenues Increase or Decrease (-) in the Deficit H.R. 1850 would require the Administration to impose sanctions on foreign governments and persons (individuals or entities) who support terrorism and Hamas, the Palestinian Islamic Jihad, and their affiliates. Although the Administration has imposed a range of sanctions against terrorist organizations and their supporters such as those specified in the act, CBO expects that enacting H.R. 1850 would slightly increase the number of people who would be subject to civil or criminal penalties for violating those sanctions. Penalties are recorded as revenues and a portion of those penalties can be spent without further appropriation. In total, CBO estimates that enacting H.R. 1850 would have insignificant effects on both revenues and direct spending. The act would require the Administration to report to the Congress on its implementation of required sanctions and related matters. On the basis of the costs of similar reports, CBO estimates that providing the required reports would cost less than $500,000 over the 2019-2024 period. That spending would be subject to the availability of appropriated funds. By imposing sanctions on foreign entities who are senior members of or support Hamas or the Palestinian Islamic Jihad, H.R. 1850 could prohibit individuals or entities in the United States from engaging in activities that would otherwise be permitted under current law, such as accessing property that would be frozen by the sanctions. Such a prohibition would be a See also CBO's Cost Estimates Explained, wwwcbo gov/publication /54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.govipublication/42904.

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