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 allow individuals living in States with EBT systems to redeem their food stamp benefits in any authorized food store anywhere in the country.
4. OMB ESTIMATE: S. 1733 provides full Federal funding for the first $500,000 of direct costs 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 for allowable administrative costs.

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Net costs.................	*	1	1	1	1	1

5. CBO ESTIMATE:

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Net costs.................	*	1	1	1	1	1

6. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:

There are no significant differences between the OMB and CBO estimates.

7. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Outlay effect..............	*	1	1	1	1	1
Receipt effect............	0	0	0	0	0	0
Net costs....................	*	1	1	1	1	1

* $500,000 or less