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1 H.R. 4323, Supporting Veterans in STEM Careers Act 1 (2017)

handle is hein.congrec/suvetmc3926 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE 0 COST ESTIMATE December 5, 2017 H.R. 4323 Supporting Veterans in STEM Careers Act As ordered reported by the House Committee on Science, Space, and Technology on November 15, 2017 H.R. 4323 would modify the requirements and selection criteria of certain National Science Foundation (NSF) programs that promote wider participation by veterans. The bill also would require the Office of Science and Technology Policy (OSTP) to establish a subcommittee under the existing Committee on Science, Technology, Engineering, and Mathematics (STEM) Education to coordinate federal programs for transitioning veterans into careers in STEM and to develop a strategic plan to address barriers to STEM careers for veterans. Using information from the NSF and OSTP, CBO estimates that implementing the bill would cost $1 million over the 2018-2022 period; such spending would be subject to the availability of appropriated funds. Most of those costs would be for OSTP personnel to manage additional subcommittee activities and to prepare the strategic plan. Enacting H.R. 4323 would not affect direct spending or revenues; therefore, pay-as-you- go procedures do not apply. CBO estimates that enacting H.R. 4323 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 4323 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Janani Shankaran. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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