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1 H.R. 4925, FRA Safety Data Improvement Act [1] (March 7, 2018)

handle is hein.congrec/frastydm0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE a COST ESTIMATE March 7, 2018 H.R. 4925 FRA Safety Data Improvement Act As ordered reported by the House Committee on Transportation and Infrastructure on February 14, 2018 H.R. 4925 would require the Federal Railroad Administration (FRA) to develop a plan to comply with seven recommendations of the Department of Transportation's inspector general regarding the management and collection of safety data. The bill would require FRA to report annually to the Congress on compliance with the recommendations. Under current law, CBO expects that FRA will implement the recommendations of the inspector general regarding the management and collection of safety data. FRA has already complied with five of those recommendations and using information from FRA, CBO expects that the agency will comply with the remaining two during 2018. As a result, CBO estimates that enacting the provisions of the bill would have no significant effect on the federal budget over the 2018-2022 period. Enacting H.R. 4925 would not affect direct spending or revenues; therefore, pay-as-you- go procedures do not apply. CBO estimates that enacting H.R. 4925 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 4925 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Sarah Puro. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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