About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

H.R. 254, Bonneville Unit Clean Hydropower Facilitation Act 1 (April 3, 2013)

handle is hein.congrec/cbo11014 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 3, 2013 H.R. 254 Bonneville Unit Clean Hydropower Facilitation Act As ordered reported by the House Committee on Natural Resources on March 20, 2013 SUMMARY CBO expects that enacting H.R. 254 would lead to the development of hydropower facilities at the Diamond Fork Project in Utah by a nonfederal entity within a few years, sooner than expected under current law. Based on information from the Bureau of Reclamation, CBO estimates that the federal government would receive payments from the hydropower developer of about $4 million over the 2014-2023 period. Enacting the bill would decrease direct spending (by increasing offsetting receipts); therefore, pay-as-you-go procedures apply. Enacting the bill would not affect revenues. H.R. 254 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The costs of this legislation fall within budget function 300 (natural resources and environment). CBO estimates that enacting H.R. 254 would increase offsetting receipts by $600,000 a year, beginning in 2018; collections would total about $4 million over the 2018-2023 period. BASIS OF ESTIMATE Based on information from the Bureau of Reclamation, CBO expects that under current law, the federal government is unlikely to develop the hydropower resources of the Diamond Fork project for at least the next 10 years. Although there are no formal development proposals currently being considered by the bureau, two nonfederal entities-the Central Utah Water Conservancy District and the Strawberry Water Users' Association-have expressed interest in developing those resources.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most