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H.R. 5050, May 31, 1918, Act Repeal Act 1 (October 3, 2014)

handle is hein.congrec/cbo1923 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 3, 2014 H.R. 5050 May 31, 1918, Act Repeal Act As ordered reported by the House Committee on Natural Resources on September 18, 2014 H.R. 5050 would repeal the authority for the Department of the Interior (DOI) to reserve land for a town site within the Fort Hall Indian Reservation in Idaho for the benefit of the Shoshone-Bannock Tribes. The bill would give the tribes the right of first refusal to purchase the land that is currently reserved and would authorize DOI to take approximately 111 acres of land into trust for the benefit of the tribes. CBO estimates that implementing H.R. 5050 would have no significant effect on the federal budget. None of this land is federally owned and the cost to hold it in trust for the tribes would be minimal. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 5050 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. On September 23, 2014, CBO transmitted a cost estimate for S. 2041, the May 31, 1918, Act Repeal Act, as ordered reported by the Senate Committee on Indian Affairs on June 11, 2014. The two pieces of legislation are similar, and the CBO cost estimates are the same. The CBO staff contact for this estimate is Martin von Gnechten. The estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.

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