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H.R. 4606, a bill to authorize the issuance of right-of-way permits for natural gas pipelines in Glacier National Park, and for other purposes [1] (July 25, 2012)

handle is hein.congrec/cbo10841 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 25, 2012 H.R. 4606 A bill to authorize the issuance of right-of-way permits for natural gas pipelines in the Glacier National Park, and for other purposes As ordered reported by the House Committee on Natural Resources on July11, 2012 H.R. 4606 would authorize the National Park Service (NPS) to issue permits for certain natural gas pipelines located in Glacier National Park in Montana. CBO estimates that the legislation would have no significant impact on the federal budget. H.R. 4606 could increase offsetting receipts from permit fees and associated direct spending; therefore, pay-as-you-go procedures apply. However, CBO estimates that the net effect on direct spending would be insignificant in any given year and over the 2013-2022 period. Enacting the legislation would not affect revenues. The legislation would apply only to pipelines that were built in the park prior to passage of the bill. Currently, there is only one such pipeline. Based on information provided by the NPS, CBO estimates that, under H.R. 4606, the owner of that pipeline would pay less than $40,000 in fees over the 2013-2022 period to maintain permits and leases necessary to continue operating the pipeline. That amount includes an application fee that would be retained and spent by the NPS without further appropriation and lease fees that would be deposited in the Treasury. H.R. 4606 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. 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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