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H.R. 497, Santa Ana River Wash Plan Land Exchange Act 1 (May 22, 2017)

handle is hein.congrec/cbo3532 and id is 1 raw text is: 



                 CONGRESSIONAL BUDGET OFFICE
                            COST ESTIMATE

                                                                   May  22, 2017


                                  H.R.   497
             Santa  Ana   River Wash   Plan  Land  Exchange   Act

  As ordered reported by the House Committee on Natural Resources on April 27, 2017


H.R. 497 would require the Bureau of Land Management (BLM) to convey 327 acres of
federal land to the San Bernardino Valley Water Conservation District in California in
exchange for 310 acres of land owned by the district. Under the bill, BLM would be
required to complete the exchange if the district requests, under the condition that the
parcels to be exchanged are of equal value. If the parcels are not of equal value, the number
of acres conveyed by the party with the lower valued land would be increased. Any lands
received by BLM in the exchange would be managed for conservation purposes.

CBO  estimates that enacting H.R. 497 would affect direct spending; therefore,
pay-as-you-go procedures apply. However, we estimate that any net effect on direct
spending would be negligible. The federal lands that would be exchanged under the bill
generate receipts totaling $7,000 a year from several rights-of-way. If those lands were
conveyed, the agency could request that the holders of those rights purchase permanent
easements prior to the conveyance. The proceeds from the sale of those easements would
partially or fully offset the lost receipts from the rights-of-way. Enacting the legislation
would not affect revenues.

CBO  also estimates that enacting H.R. 497 would not increase net direct spending or
on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.

H.R. 497 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates  Reform Act. The land exchange authorized in the bill would benefit
the San Bernardino Valley Water Conservation District. Any costs incurred by the district
would be voluntary.

The CBO  staff contact for this estimate is Jeff LaFave. The estimate was approved by
H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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