OMB COST ESTIMATE FOR PAY-AS-YOU-GO
CALCULATIONS
Report No: 580
Date: 07/10/2002
- LAW NUMBER: P.L. 107-196 (S. 2431)
- BILL TITLE: Mychal Judge Police and Fire Chaplains Public Safety Officers' Benefit
Act
- 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.
- 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.
|
(Fiscal years; in millions of dollars) |
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
Outlay effect..................... |
2 |
* |
* |
* |
* |
* |
- CBO ESTIMATE:
|
(Fiscal years; in millions of dollars) |
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
Outlay effect..................... |
2 |
* |
* |
* |
* |
* |
- EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
OMB and CBO estimates are the same.
- CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION
ENACTED TO DATE:
|
(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.
|