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H.R. 2997, 21st Century Aviation Innovation, Reform, and Reauthorization Act 1 (August 15, 2017)

handle is hein.congrec/cbo3718 and id is 1 raw text is: 






                                                                                        August 15, 2017

CBO  ESTIMATE   OF DIRECT  SPENDING  AND  REVENUE   EFFECTS  OF  ENACTING  H.R. 2997, 21ST CENTURY
AVIATION  INNOVATION,   REFORM,   AND  REAUTHORIZATION ACT, AS POSTED BY THE HOUSE
COMMITTEE ON RULES ON JULY 11, 2017 (g:\VHLC\071117\071117.335.xml)  a


                      By Fiscal Year, in Billions of Dollars
                                                               2017- 2017-
2017  2018 2019  2020  2021  2022 2023  2024  2025  2026  2027 2022  2027


INCREASES   IN DIRECT SPENDINGb


Operators of the AANS Corporation
  Estimated Budget Authority
  Estimated Outlays

Civil Service Retirement and Health
Benefits
  Estimated Budget Authority
  Estimated Outlays

Airport Improvement Program
  Estimated Budget Authority
  Estimated Outlays


0.0   0.0   0.0  0.0  12.6  13.0  13.4  13.8 14.2  14.6  15.1 25.6  96.7
0.0   0.0   0.0  0.0   9.3  11.6  12.7  13.6 14.1  14.5  15.0 20.8  90.7


0.0   0.0   0.0
0.0   0.0   0.0


*
*


*     *     *    *     *     *     *     *    *
*     *     *    *     *     *     *     *    *


0.0   0.1   0.1  0.2   0.3   0.4   0.5  0.5   0.5   0.5   0.5   1.1  3.5
0.0   0.0   0.0  0.0   0.0   0.0   0.0  0.0   0.0   0.0   0.0  0.0   0.0


Total Changes
  Estimated Budget Authority 0.0 0.1   0.1   0.2  12.9  13.4  13.9 14.3  14.7  15.1  15.5 26.8 100.2
  Estimated Outlays         0.0  0.0   0.0     *   9.3  11.6  12.7 13.6  14.1  14.5  15.0 20.8  90.7

                           INCREASES  AND  DECREASES   (-) IN REVENUES


Gross Changes in Revenues

  AANS  Corporation Fees for Air
  Navigation Services


0.0   0.0   0.0  0.0  12.2  12.6  13.0  13.5 14.0  14.5  15.0 24.7  94.6


  Temporary Reductions in
  Aviation-Related Excise Taxes d  0.0  0.0  0.0 0.0 -12.5 -14.1 -14.6 -1.2 0.0   0.0  0.0  -26.6 -42.4

  Effects of Extending Reductions in
  Aviation-Related Excise Taxes 1 0.0  0.0 0.0 0.0   0.0  0.0   0.0 -14.0 -15.7 -16.3 -16.9  0.0 -62.8

Offsetting Changes in Income and
Payroll Taxes '               0.0  0.0   0.0   0.0   0.1  0.4   0.4   0.4   0.5   0.5  0.5   0.5   2.8

  Total Changes               0.0  0.0   0.0   0.0  -0.3  -1.1  -1.2 -1.2  -1.3  -1.3  -1.4  -1.4 -7.8

                                NET  INCREASE  IN THE  DEFICIT FROM
                           CHANGES   IN DIRECT  SPENDING   AND REVENUES


Impact on Deficit


0.0   0.0   0.0


*   9.5  12.7  13.9  14.8 15.4  15.9  16.4  22.2 98.5


Continued


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