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1 H.R. 4243, VA Asset and Infrastructure Review Act of 2017 1 (2017)

handle is hein.congrec/vasinfrat3968 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE a COST ESTIMATE November 13, 2017 H.R. 4243 VA Asset and Infrastructure Review Act of 2017 As ordered reported by the House Committee on Veterans' Affairs on November 8, 2017 SUMMARY H.R. 4243 would directly appropriate $2.1 billion for the Veterans Choice Program (VCP) and $500 million for infrastructure improvements at the Department of Veterans Affairs (VA). The bill also would expand VA's authority to enter into leases for medical facilities and enhanced-use leases (EULs). In total, CBO estimates that enacting H.R. 4243 would increase direct spending by $3.8 billion over the 2018-2027 period. The bill also would increase the amount VA can spend on awards and bonuses for employees; establish procedures for realigning, modernizing, or closing medical facilities; and require training of construction personnel. In total, CBO estimates that implementing H.R. 4243 would cost $720 million over the 2018-2022 period, assuming appropriation of the necessary amounts. Because enacting H.R. 4243 would affect direct spending, pay-as-you-go procedures apply. Enacting the bill would not affect revenues. CBO estimates that enacting H.R. 4243 would increase direct spending by more than $2.5 billion and would increase on-budget deficits by more than $5 billion in at least one of the four consecutive 10-year periods beginning in 2028. H.R. 4243 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effects of H.R. 4243 is shown in Table 1. The costs of this legislation fall within budget function 700 (veterans benefits and services).

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