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1 1 (July 12, 2019)

handle is hein.congrec/techguam0001 and id is 1 raw text is: 


       Congressional Budget Office
\   Cost Estimate


my I-Iscal Year, unitions OT voiiars

Direct Spending (Outlays)


Revenues

Deficit Effect


2019

   0


0

0


201 9-2024

    40

      0

    40


Revised July 12, 2019


2019-2029
     40


0

40


H.R. 1365  would authorize a portion of customs duties and federal income taxes collected in
Guam  to be spent to compensate certain residents and surviving family members for their
treatment during the island's occupation by Japanese military forces during World War II.
Those customs  duties and income taxes are currently deposited in the Treasury as
miscellaneous receipts.

Using information from  the Department of Justice about how much  compensation is due,
CBO   estimates that enacting H.R. 1365 would increase direct spending by $40 million for
compensation  payments  as funds become available over the 2020-2023 period.

The costs of the legislation (detailed in Table 1) fall within budget function 800 (general
government).


2019


   By Fiscal Year, Millions of Dollars
2020      2021      2022       2023      2024


Estimated Budget Authority   0         12
Estimated Outlays            0         12


12
12


12
12


4
4


0
0


               See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437;
How CBO Prepares Cost Estimates, www.cbo.gov/publication!53519; and Glossary, www.cbo.gov/publication/42904.

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