[Congressional Record (Bound Edition), Volume 156 (2010), Part 8]
[House]
[Page 11816]
[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 the bill 
S.1510, the United States Secret Service Uniformed Division 
Modernization Act of 2010, as amended by the House, for printing in the 
Congressional Record.

 CBO ESIMATE OF PAY-AS-YOU-GO EFFECTS FOR S. 1510, AN ACT TO TRANSFER STATUTORY ENTITLEMENTS TO PAY AND HOURS OF WORK AUTHORIZED BY LAWS CODIFIED IN THE DISTRICT OF COLUMBIA OFFICIAL CODE FOR
  CURRENT MEMBERS OF THE UNITED STATES SECRET SERVICE UNIFORMED DIVISION FROM SUCH LAWS TO THE UNITED STATES CODE, AND FOR OTHER PURPOSES, AS PROVIDED BY THE HOUSE COMMITTEE ON THE BUDGET ON
                                                                                          JUNE 25, 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 Impacta.............................         0         0         0        -1        -1        -1        -1        -1        -1        -1        -1          0         -3
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aS. 1510 consists of three titles, concerning the United States Secret Service, the General Services Administration (GSA), and the Department of Defense (DOD).
 
Title I would increase the annuity paid to retired members of the Secret Service Uniformed Division who participate in the District of Columbia Police and Firefighters Retirement and
  Disability System by 2.5 percent. CBO estimates that this change would increase payments (direct spending) to retired Secret Service employees by about $13 million over the 2010-2020 period.
 
Title II would amend the Federal Property and Administrative Services Act to change the disposal process for surplus federal property by allowing GSA to retain and spend, without further
  appropriation, a larger share of the proceeds from property sales. CBO estimates that the title would increase direct spending by more than $15 million over the 2010-2020 period, but also
  would lead to the receipt of more than $30 million from additional property sales over the same period. Thus, title II would reduce net direct spending by about $15 million.
 
Title III would allow DOD to waive recovery of certain voluntary separation incentive payments. Without that waiver authority, those recovered payments would be deposited in the Treasury.
  Waiving those repayments would result in forgone receipts, and thus, increase direct spending by about $1 million over the 2010-2020 period.



  

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