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1 S. 1251, Growing Climate Solutions Act of 2021, as Ordered Reported by the Senate Committee on Agriculture, Nutrition, and Forestry on April 22, 2021 1 (May 19, 2021)

handle is hein.congrec/cbogcsa0001 and id is 1 raw text is: Congressional Budget Office Cost Estimate May 19, 2021 By Fiscal Year, Millions of Dollars 2021 2021-2026 2021-2031 Direct Spending (Outlays) -4 * * Revenues Increase or Decrease (-) in the Deficit 0 -4 * The bill would Direct the Department of Agriculture to establish a certification program for private entities that provide technical assistance to farmers, ranchers, and foresters who participate in voluntary markets that trade environmental credits Rescind $4.1 million of budget authority provided by the American Rescue Plan Act of 2021 and, if sufficient unobligated balances are available for rescission, appropriate $4.1 million for activities under the bill Establish civil penalties for false claims by entities Authorize the annual appropriation of $1 million over the 2022-2026 period Estimated budgetary effects would mainly stem from The rescission and subsequent appropriation Collection of civil penalties Spending of the authorized amounts Detailed estimate begins on the next page. See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42904.

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