[Congressional Record Volume 156, Number 133 (Wednesday, September 29, 2010)]
[House]
[Page H7387]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                 BUDGETARY EFFECTS OF PAYGO LEGISLATION

  Pursuant to Public Law 111-139, Mr. Spratt hereby submits, prior to 
the vote on passage, the attached estimate of the costs of the bill 
H.R. 847, the James Zadroga 9/11 Health and Compensation Act of 2010, 
as amended, for printing in the Congressional Record.

      ESTIMATE OF THE STATUTORY PAY-AS-YOU-GO EFFECTS FOR AN AMENDMENT IN THE NATURE OF A SUBSTITUTE TO H.R. 847, THE JAMES ZADROGA 9/11 HEALTH AND
                                                                COMPENSATION ACT OF 2010
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                                                                        By fiscal year in millions of dollars--
                              --------------------------------------------------------------------------------------------------------------------------
                                2010     2011     2012    2013    2014      2015     2016     2017      2018      2019      2020    2010-2015  2010-2020
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                                                       NET INCREASE OR DECREASE (-) IN THE DEFICIT
 
Statutory Pay-As-You-Go             0      -173     233   1,733     147     -2,060   1,619      -180      -153      -434      -732       -120         0
 Impact......................
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H.R. 847 would provide compensation and health care benefits to certain individuals who worked or lived near the sites of the September 11, 2001,
  terrorist attacks. The bill would also change tax provisions that in some cases allow a U.S. subsidiary of a foreign corporation to avoid U.S.
  withholding tax on payments related to a subsidiary in a country that has a tax treaty with the United States and the legislation would shift about
  $1.8 billion in revenues from 2016 to 2015 by temporarily changing the required amounts of quarterly estimated tax payments of large corporations to
  offset those casts.
Note: Components may not sum to totals because of rounding.
Sources: Congressional Budget Office and Joint Committee on Taxation.





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