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OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS

Report No: 580
Date: 07/10/2002

  1. LAW NUMBER: P.L. 107-196 (S. 2431)
  2. BILL TITLE: Mychal Judge Police and Fire Chaplains Public Safety Officers' Benefit Act
  3. BILL PURPOSE: Adds police and fire chaplains to the list of individuals eligible for the Public Safety Officers' Benefits Program and allows life insurance beneficiaries to qualify as eligible survivors for death benefits if a public safety officer has no surviving spouse or child.
  4. OMB ESTIMATE: P.L.107-196 explicitly makes a new more broadly defined category of chaplains explicitly eligible for Public Safety Officers' Benefit Program benefits. In addition, the Act provides that, if a public safety officer has no surviving spouse or child, the individual designated in the officer's life insurance policy would receive the public safety officers' death benefits payment. The changes are made retroactive to September 11, 2001.
  5. (Fiscal years; in millions of dollars)
    2002 2003 2004 2005 2006 2007
    Outlay effect..................... 2 * * * * *

     

  6. CBO ESTIMATE:
  7. (Fiscal years; in millions of dollars)
    2002 2003 2004 2005 2006 2007
    Outlay effect..................... 2 * * * * *

     

  8. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
  9. OMB and CBO estimates are the same.

  10. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:
  11. (Fiscal years; in millions of dollars)
    2002 2003 2004 2005 2006 2007
    Outlay effect.............. 2,206 36,520 39,016 30,997 15,293 9,894
    Receipt effect............ 0 -86,865 -106,317 -107,742 -126,472 2
    Net costs.................... 2,206 123,385 145,333 138,739 141,765 9,892

    *500,000 or less.