H.R. 995 would amend the Code of Federal Regulations to modernize terms that refer to certain minority and ethnic groups. CBO estimates that implementing the proposed changes would not significantly affect federal spending.
H.R. 995 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting H.R. 995 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.
H.R. 995 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.
On November 21, 2017, CBO transmitted a cost estimate for H.R. 995, the 21st Century Respect Act, as ordered reported by the House Committee on Natural Resources on November 8, 2017. The two versions of the legislation are similar, and CBO’s estimates of their budgetary effects are the same.
