T H E   W H I T E   H O U S E

OMB COST ESTIMATE FOR PAY-AS-YOU-GO CALCULATIONS

Help Site Map Text Only

Office of Management and Budget

Report No: 514
Date: 10/20/2000

 
BGCOLOR="#ffffff">

OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS

  1. LAW NUMBER: P.L.106-279 (H.R. 2909)
  2. BILL TITLE: Intercountry Adoption Act of 2000
  3. BILL PURPOSE: Provides for the implementation of the Hague Convention on Protection of Children and Cooperation in Respect of Intercountry Adoption and establishes the Department of State as the U.S. Central Authority to oversee international adoptions.
  4. OMB ESTIMATE: P.L. 106-279 allows the State Department to collect fees to cover its costs of administering the Act. The fees will be deposited in State Department accounts but cannot be spent without appropriations action. OMB estimates that the State Department will collect $5 million in fees annually. The Act also establishes new federal crimes relating to the provision of international adoption services. Violators of these crimes will be subject to criminal and civil penalties, including fines. OMB expects these fines to have an insignificant effect on federal receipts.
  5. (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Net costs.............. 0 -5 -5 -5 -5 -5

  6. CBO ESTIMATE:
  7. (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Net costs.............. 0 0 0 0 0 0

  8. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
  9. OMB assumes that the State Department will implement fees for its services based on this Act. CBO mistakenly assumed further action by the Congress was necessary before fees could be collected. CBO plans to correct this in its next baseline projection.

  10. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:
  11. (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Outlay effect.............. 34 537 1,329 1,355 1,464 1,531
    Receipt effect............ -8 -620 -698 -746 -781 -768
    Net costs................... 42 1,157 2,027 2,101 2,245 2,299

    *$500,000 or less.

    NOTE: The cumulative effect of direct spending and revenue legislation enacted to date is currently estimated to result in an end-of-session sequester. The Administration looks forward to working with the Congress to ensure that an unintended sequester does not occur.


President and First Lady | Vice President and Mrs. Gore
Record of Progress | The Briefing Room
Gateway to Government | Contacting the White House
White House for Kids | White House History
White House Tours | Help | Text Only

Privacy Statement