S. 2250, Travel Promotion, Enhancement, and Modernization Act of 2014

Cost Estimate
July 30, 2014

As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 23, 2014

S. 2250 would extend the provisions of the Travel Promotion Act of 2009 (Public Law 111-145), which established the Corporation for Travel Promotion (also known as Brand USA), through September 30, 2020, and impose new performance and procurement requirements on the corporation. The bill also would extend the authority of U.S. Customs and Border Protection (CBP) to collect travel promotion fees from certain foreign individuals traveling to the United States. Those fees are used to partially fund Brand USA.

CBO estimates that enacting S. 2250 would increase direct spending by $467 million and revenues by $731 million over the 2015-2024 period, resulting in a net decrease in the deficit of $264 million over the 10-year period. Pay-as-you-go procedures apply because enacting the legislation would affect direct spending and revenues.

CBO estimates that implementing S. 2250 would not significantly affect discretionary spending.

S. 2250 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.