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S. 276, a Bill to Reinstate and Extend the Deadline for Commencement of Construction of a Hydroelectric Project Involving the American Falls Reservoir 1 (March 20, 2013)

handle is hein.congrec/cbo11028 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE a COST ESTIMATE March 20, 2013 S. 276 A bill to reinstate and extend the deadline for commencement of construction of a hydroelectric project involving the American Falls Reservoir As ordered reported by the Senate Committee on Energy and Natural Resources on March 14, 2013 CBO estimates that implementing S. 276 would have no net effect on the federal budget. The bill would authorize the Federal Energy Regulatory Commission (FERC) to reinstate the license and extend the deadline for beginning construction of a hydroelectric project (number 12423) at the American Falls Reservoir in Idaho. The proposed extension could have a minor impact on FERC's workload. Because FERC recovers 100 percent of its costs through user fees, any change in its administrative costs would be offset by an equal change in fees that the commission charges. Therefore, the legislation's provisions would have no net budgetary impact. Because FERC's administrative costs are controlled through annual appropriation acts, enacting S. 276 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. S. 276 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments. The CBO staff contact for this estimate is Megan Carroll. The estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.

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