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S. 1602 Mathematical and Statistical Modeling Education Act Cost Estimate

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Summary

CBO released a cost estimate for S. 1602, the Mathematical and Statistical Modeling Education Act, as reported by the Senate HELP Committee on March 11. The estimate provides federal spending projections for the proposed legislation aimed at enhancing mathematical and statistical modeling education programs.

What changed

CBO published a cost estimate for S. 1602, the Mathematical and Statistical Modeling Education Act, which was reported by the Senate Committee on Health, Education, Labor, and Pensions on March 11, 2026. The estimate projects federal outlays associated with the legislation over the 2026-2031 budget window.

Affected parties include educational institutions that may receive grants or funding under the proposed program, as well as state education agencies administering federal education funds. The bill does not create immediate compliance obligations; its impact depends on whether S. 1602 is enacted into law.

What to do next

  1. Monitor legislative progress of S. 1602
  2. Review CBO cost estimate for budget planning purposes
  3. Track floor vote schedule in Senate

Archived snapshot

Apr 9, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.


S. 1602, Mathematical and Statistical Modeling Education Act


April 9, 2026

Cost Estimate As reported by the Senate Committee on Health, Education, Labor, and Pensions on March 11

View Document 216.39 KB


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Last updated

Classification

Agency
CBO
Published
April 9th, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Educational institutions Government agencies
Industry sector
6111 Higher Education
Activity scope
Federal education funding Education grant programs Legislative cost analysis
Geographic scope
United States US

Taxonomy

Primary area
Education
Operational domain
Finance
Topics
Government Contracting Financial Services

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