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Pay-As-You Go Effects for H.R. 3397, the Cabin Fee Act of 2012, with an amendment, as provided to CBO by the House Committee on the Budget on September 7, 2012 [1] (September 10, 2012)

handle is hein.congrec/cbo10902 and id is 1 raw text is: September 10, 2012 CBO Estimate of Pay-As-You Go Effects for H.R. 3397, the Cabin Fee Act of 2012, with an amendment, as provided to CBO by the House Committee on the Budget on September 7, 2012 (F:\GMK\RES12\H3397_SUS.XML) By Fiscal Year, in Millions of Dollars 2012- 2012- 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2017 2022 NET INCREASE OR DECREASE (-) IN THE DEFICIT Statutory Pay-As-You-Go Impact a 0 2 -5 -3 -2 0 1 2 2 2 2 -8 0 Note: Components may not sum to totals because of rounding. a. H.R. 3397 would establish a new schedule for the fees paid to the federal government by individuals who own cabins located on Forest Service lands. The bill also would establish a transfer fee that would be assessed on owners who sell their cabins. Because H.R. 3397, as amended, would cap annual cabin fees at $5,000 and prevent scheduled fee increases from being implemented as they would be under current law, CBO estimates that enacting the bill would, in general, lower annual offsetting receipts over the 2012-2022 period. However, CBO estimates that enacting the legislation would increase receipts over the 2014-2016 period because we expect that cabin fees would be increased more gradually under current law than under the bill over that period. On net, CBO estimates that implementing the legislation would increase offsetting receipts (a credit against direct spending) by $8 million over the 2012-2017 period and would have no significant impact on direct spending over the 2012-2022 period. JL

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