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H.R. 1452, a Bill to Authorize Escambia County, Florida, to Convey Certain Property That Was Formerly Part of Santa Rosa Island National Monument and That Was Conveyed to Escambia County Subject to Restrictions on Use and Reconveyance 1 (October 29, 2015)

handle is hein.congrec/cbo2590 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 29, 2015 H.R. 1452 A bill to authorize Escambia County, Florida, to convey certain property that was formerly part of Santa Rosa Island National Monument and that was conveyed to Escambia County subject to restrictions on use and reconveyance As ordered reported by the House Committee on Natural Resources on October 8, 2015 H.R. 1452 would authorize Escambia County in Florida to convey to private entities certain property that it received from the federal government. The specified properties had been part of the Santa Rosa Island National Monument and were transferred to Escambia County in 1947 for public purposes. Under the terms of that conveyance, Escambia County can only reconvey the properties to the federal government or to the state of Florida. H.R. 1452 would remove that condition and add new conditions. First, under the bill, any conveyance of the specified properties would require Escambia County to convey to Santa Rosa County any of the property that falls within the jurisdictional boundaries of Santa Rosa County. Second, any proceeds above the direct or incidental costs of the conveyances would be transferred to the federal government. CBO estimates that implementing the legislation would have no significant effect on the federal budget. Enacting H.R. 1452 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. Based on information provided by the National Park Service and local government entities, CBO estimates that the proceeds from any conveyances of the specified properties would be used to cover direct or incidental costs. CBO estimates that enacting H.R. 1452 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year period beginning in 2026. H.R. 1452 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Marin Burnett. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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