H.R. 2179, A bill to amend title 49, United States Code, to direct the Assistant Secretary of Homeland Security (Transportation Security Administration) to transfer unclaimed money recovered at airport security checkpoints to United Service Organizations

H.R. 2179, A bill to amend title 49, United States Code, to direct the Assistant Secretary of Homeland Security (Transportation Security Administration) to transfer unclaimed money recovered at airport security checkpoints to United Service Organizations - CBO Report

Congress:	112^th
Date Requested:	March 28, 2012
Requested By:	House Committee on Homeland Security
Date Sent:	April 12, 2012
Pages:	3
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Description:	As ordered reported by the House Committee on Homeland Security on March 28, 2012 According to the Transportation Security Administration (TSA), airline passengers have left behind roughly $400,000 in unclaimed money at airport security checkpoints in each of the past two fiscal years. H.R. 2179 would amend current law to require TSA to transfer such unclaimed funds to a nonprofit organization that provides assistance to military personnel. CBO estimates that enacting H.R. 2179 would increase net direct spending by about $1 million in 2013; therefore, pay-as-you-go procedures apply. We also estimate that that near-term increase in direct spending would be fully offset by a corresponding reduction in direct spending in later years, resulting in no significant net change over time. Enacting H.R. 2179 would not affect revenues or spending subject to appropriation. H.R. 2179 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.