The following is a report prepared by the Congressional Budget Office. It has been coverted to a text-only format below by GovTrack.

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                           CONGRESSIONAL BUDGET OFFICE
                                 COST ESTIMATE

                                                                                        M ay 5, 2008



                                          H.R. 3021
     21st Century Green High-Performing Public School Facilities Act

            As ordered reported by the House Committee on Education and Labor
                                      on April 30, 2008



H.R. 3021 would authorize the appropriation of $6.4 billion for fiscal year 2009 and such
sums as may be necessary for fiscal years 2010 through 2013 to award grants to help
modernize and renovate public schools. It also would authorize the appropriation of
$100 million for each of fiscal years 2009 through 2013 to help repair public schools
damaged by Hurricanes Katrina and Rita and to construct new schools.

A s shown in the following table, CBO estimates that H.R. 3021 would increase discretionary
spending by $20.3 billion over the 2009-2013 period. For this estimate, CBO assumes that
$33.7 billion would be appropriated over that period and that outlays would follow historical
patterns of similar programs. The costs of this legislation fall within budget function 500
(education, training, employment, and social services). The bill would have no impact on
direct spending or revenues.


                                                     By Fiscal Year, in Millions of Dollars
                                                                                               2009-
                                            2009    2010       2011        2012        2013    2013


                          C HANGES IN SPENDING SUBJECT TO APPROPRIATION

Title I
    Estimated Authorization Level          6,400    6,513      6,639       6,765       6,891   33,208
    Estimated Outlays                        320    2,246      4,846       5,895       6,647   19,954

Title II
    Authorization Level                      100     100         100         100         100     500
    Estimated Outlays                          5      35          76          90         100     306

   Total
      Estimated Authorization Level        6,500    6,613      6,739       6,865       6,991   33,708
      Estimated Outlays                      325    2,281      4,922       5,985       6,747   20,260
H.R. 3021 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates Reform Act and would impose no costs on the budgets of state, local,
or tribal governments. State, local, and tribal governments could benefit from the grants
authorized by this bill.

The CBO staff contact for this estimate is Justin Humphrey. This estimate was approved by
Keith Fontenot, Deputy Assistant Director for Health and Human Resources, Budget
Analysis Division.




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