This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
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OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
LAW NUMBER: P.L.106-279 (H.R. 2909)
BILL TITLE: Intercountry Adoption Act of
2000
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.
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.
(Fiscal years; in millions of
dollars)
2000
2001
2002
2003
2004
2005
Net costs..............
0
-5
-5
-5
-5
-5
CBO ESTIMATE:
(Fiscal years; in millions of dollars)
2000
2001
2002
2003
2004
2005
Net costs..............
0
0
0
0
0
0
EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
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.
CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION
ENACTED TO DATE:
(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.
