[Congressional Record (Bound Edition), Volume 156 (2010), Part 3]
[House]
[Page 3128]
[From the U.S. 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 H.R. 4783, 
as introduced, a bill to accelerate the income tax benefits for 
charitable cash contributions for the relief of victims of the 
earthquake in Chile, and to extend the period from which such 
contributions for the relief of victims of the earthquake in Haiti may 
be accelerated, for printing in the Congressional Record.

CBO ESTIMATE OF THE STATUTORY PAY-AS-YOU-GO EFFECTS FOR H.R. 4783, A BILL TO ACCELERATE THE INCOME TAX BENEFITS FOR CHARITABLE CASH CONTRIBUTIONS FOR THE RELIEF OF VICTIMS OF THE EARTHQUAKE IN
              CHILE, AND TO EXTEND THE PERIOD FROM WHICH SUCH CONTRIBUTIONS FOR THE RELIEF OF VICTIMS OF THE EARTHQUAKE IN HAITI MAY BE ACCELERATED AS INTRODUCED ON MARCH 9, 2010
                                                                              [Millions of dollars, by fiscal year]
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                                                                       2010     2011     2012     2013     2014     2015     2016     2017     2018     2019     2020    2010-2015    2010-2020
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                                                                               Net Impact on the On-Budget Deficit
 
Total On-Budget Changes............................................       25      -24        0        0        0        0        0        0        0        0        0            1            1
Less:
    Designated as Emergency Requirements1..........................       25      -24        0        0        0        0        0        0        0        0        0            1            1
                                                                    ----------------------------------------------------------------------------------------------------------------------------
Statutory Pay-As-You-Go Impact.....................................        0        0        0        0        0        0        0        0        0        0        0            0            0
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1Section 3 of the bill would designate all sections of the Act as an emergency requirement pursuant to section 4(g) of the Statutory Pay-As-You-Go Act of 2010.
Notes: Positive numbers for ``Net Impact on the On-Budget Deficit'' denote an increase in the deficit; negative numbers denote a decrease in the deficit.
Sources: Congressional Budget Office and Joint Committee on Taxation.




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