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

Report No: 502
Date: 02/23/00

  1. LAW NUMBER: P.L.106-171 (S.1733 )
  2. BILL TITLE: Electronic Benefit Transfer Interoperability and Portability Act
  3. BILL PURPOSE: The purpose of S.1733 is to allowindividuals living in States withEBT systems to redeem their food stamp benefits in any authorized food store anywherein the country.
  4. OMB ESTIMATE: S. 1733 provides full Federalfunding for the first $500,000 of directcosts each year for switching and settling interstate transactions associated with the bill. States will spend additional funds that will be partially reimbursed at the regular rate forallowable administrative costs.
  5. (Fiscal years; in millions of dollars)
    200020012002200320042005
    Net costs.................*11111

  6. CBO ESTIMATE:
  7. (Fiscal years; in millions of dollars)
    200020012002200320042005
    Net costs.................*11111

  8. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
  9. There are no significant differences between the OMB and CBO estimates.

  10. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATIONENACTED TO DATE:
  11. (Fiscal years; in millions of dollars)
    200020012002200320042005
    Outlay effect..............*11111
    Receipt effect............000000
    Net costs....................*11111

    * $500,000 or less


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