[Congressional Record Volume 162, Number 106 (Friday, July 1, 2016)]
[Extensions of Remarks]
[Pages E1014-E1015]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




    H.R. 5389, THE ``LEVERAGING EMERGING TECHNOLOGIES ACT OF 2016''

                                 ______
                                 

                         HON. MICHAEL T. McCAUL

                                of texas

                    in the house of representatives

                          Friday, July 1, 2016

  Mr. McCAUL. Mr. Speaker, I submit the following cost estimate from 
the Congressional Budget Office regarding H.R. 5389.


[[Page E1015]]


                                                    U.S. Congress,


                                  Congressional Budget Office,

                                    Washington, DC, June 24, 2016.
     Hon. Michael McCaul,
     Chairman, Committee on Homeland Security, House of 
         Representatives, Washington, DC.
       Dear Mr. Chairman: The Congressional Budget Office has 
     prepared the enclosed cost estimate for H.R. 5389, the 
     Leveraging Emerging Technologies Act of 2016.
       If you wish further details on this estimate, we will be 
     pleased to provide them. The CBO staff contact is Mark 
     Grabowicz.
           Sincerely,
                                                       Keith Hall,
                                                         Director.
       Enclosure.
     H.R. 5389--Leveraging Emerging Technologies Act of 2016
       H.R. 5389 would direct the Department of Homeland Security 
     (DHS), within six months of the bill's enactment, to develop 
     a strategy to work with emerging technology firms to improve 
     DHS programs. Based on information from DHS, CBO estimates 
     that devising the strategy would cost less than $500,000; 
     such spending would be subject to the availability of 
     appropriated funds.
       Enacting the legislation would not affect direct spending 
     or revenues; therefore, pay-as-you-go procedures do not 
     apply. CBO estimates that enacting H.R. 5389 would not 
     increase net direct spending or on-budget deficits in any of 
     the four consecutive 10-year periods beginning in 2027.
       H.R. 5389 contains no intergovernmental or private-sector 
     mandates as defined in the Unfunded Mandates Reform Act and 
     would not affect the budgets of state, local, or tribal 
     governments.
       The CBO staff contact for this estimate is Mark Grabowicz. 
     The estimate was approved by H. Samuel Papenfuss, Deputy 
     Assistant Director for Budget Analysis.

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