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CBO scores FDLP Modernization Act

the Congressional Budget Office (CBO) recently released its scoring or cost estimate of H.R. 5305, FDLP Modernization Act of 2018. CBO is required by law to provide a formal cost estimate for nearly every bill approved by Congressional committees to show how the bill would affect the Federal budget over the next five to 10 years, compared with what future spending or revenues would be under the current law.

CBO estimates that implementing H.R. 5305 would cost $13 million over the 2019-2023 period, assuming appropriation of the necessary funds. Further, CBO estimates that enacting H.R. 5305 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. The complete scoring report is available on FDLP.gov.

H.R. 5305 would amend the Federal Depository Library Program (FDLP), the part of the U.S. Government Publishing Office (GPO) that provides government publications to the public at no cost. Specifically, H.R. 5305 would ensure the continued availability of no-cost public access to government information in various formats, reform and modernize the FDLP, and authorize the activities of the Superintendent of Documents.

CBO estimates that implementing H.R. 5305 would cost $13 million over the 2019-2023 period, assuming appropriation of the necessary funds.

Enacting H.R. 5305 could affect direct spending by agencies that use fees, receipts from the sale of goods, and other collections to cover operating costs. The bill also could affect direct spending by allowing GPO to accept and retain gifts. Therefore, pay-as-you-go procedures apply. Because most of the affected agencies can adjust the amounts collected as their operating costs change, CBO estimates that any net changes in direct spending by agencies would be insignificant. CBO expects that gifts to GPO would be nonmonetary and thus have no effect on the budget. Enacting the bill would not affect revenues.

CBO estimates that enacting H.R. 5305 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.

H.R. 5305 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

via H.R. 5305, FDLP Modernization Act of 2018 | Congressional Budget Office.

CC BY-NC-SA 4.0 This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.


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