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1 H.R. 4895, Medgar Evers Home National Monument Act [1] (April 5, 2018)

handle is hein.congrec/cbomayav0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE C COST ESTIMATE April 5, 2018 H.R. 4895 Medgar Evers Home National Monument Act As ordered reported by the House Committee on Natural Resources on February 14, 2018 H.R. 4895 would establish the Medgar Evers Home National Monument in Jackson, Mississippi. Under the bill, the site would become a unit of the National Park System and would be owned and operated by the National Park Service (NPS). The bill would direct the NPS to acquire the Medgar Evers home by means of donation from Tougaloo College. Based on the expected date of that donation and the experience of other system units, CBO expects the monument would not be formally established for several years. Using information from the NPS on the costs for operating new system units, CBO estimates that the agency would incur about $200,000 annually in administrative costs in its initial years. The bill also would require the NPS to develop a general management plan for the monument. Based on the costs of similar tasks, CBO estimates that developing the plan would cost less than $500,000. In total, CBO estimates that implementing H.R. 4895 would cost about $1 million over the 2018-2022 period; such spending would be subject to the availability of appropriated funds. Enacting H.R. 4895 would not affect direct spending or revenues; therefore, pay-as-you- go procedures do not apply. CBO estimates that enacting H.R. 4895 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 4895 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Janani Shankaran. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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