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1 H.R. 6157, Transparency for Student Veterans Act 1 (June 1, 2020)

handle is hein.congrec/hrtyfst0001 and id is 1 raw text is: j Congressional Budget Office Cost Estimate June 1,2020 By Fiscl Year, Miions of Do ars 2020 2020 2025 2020°2030 Direct Spending (Outlays) 1 2 4 Revenues Increase or Decrease (o) in the Deficit 0 1 0 2 0 4 The Department of Veterans Affairs (VA) provides information on its website about VA education benefits, educational institutions, and other providers of education and training. That information includes topics of particular interest to veterans, such as whether the institution accepts GI Bill benefits and the types of resources the institution provides for veterans. The website also provides information concerning each institution's accreditation, estimated costs, student outcomes, regulatory compliance, and other performance metrics. H.R. 6157 would require VA to provide additional information on student outcomes such as graduation rates, employment rates, and median earnings for graduates. While VA, the Department of Education, the Department of Defense, and the Consumer Financial Protection Bureau currently share some information, the bill would require those agencies to share additional data. H.R. 6157 also would require VA to obtain the information specified in the bill from the Department of Labor, the Internal Revenue Service (IRS), and the Census Bureau. Spending Subject to Appropriation On the basis of testimony offered by VA, CBO estimates that making changes to VA's information technology systems so that it can obtain data from the IRS would cost $8 million. The bill also would affect the budgets of the agencies that would provide the required information to VA. CBO estimates, on the basis of information about those agencies, that it would cost $5 million to collect and share the required information over the See also CBO's Cost Estimates Explained, www.cbo.gov/publcation/54437; How CBO Prepares Cost Estimates, wvw.cbo.gov/publication/53519; and Glossary, www.cbo.govipublicationi42904.

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