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S. 347, First State National Historical Park Act 1 (April 11, 2013)

handle is hein.congrec/cbo11068 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 11, 2013 S. 347 First State National Historical Park Act As ordered reported by the Senate Committee on Energy and Natural Resources on March 14, 2013 S. 347 would establish the First State National Historical Park in Delaware when the Secetary of the Interior determines that enough property has been obtained (through donation) at the proposed site to constitute a manageable park unit. Assuming that the conditions for establishment can be met and that the necessary amounts are appropriated, CBO estimates that implementing S. 347 would cost about $1 million over the 2014-2018 period. Enacting S. 347 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. Based on information provided by the National Park Service, CBO estimates that the agency would spend about $1 million over the next three years to prepare a general management plan for the proposed park and a study to determine the suitability of designating additional properties as National Historic Landmarks. On March 25, 2013, the President established the First State National Monument in Delaware. CBO assumes that the monument includes sufficient properties to be a manageable park unit. CBO estimates that the operating costs of the proposed park would not be significantly different from the operating costs of the current national monument over the next five years. S. 347 also would amend the Preserve America Grant Program to reduce the amounts authorized to be appropriated for the program. Specifically, any of those amounts ($25 million annually) that are not appropriated as of the date of enactment of this bill would be reduced by $6.5 million. CBO is uncertain whether this provision would reduce the amount authorized to be appropriated for the program in 2014 because we cannot predict whether the program will have an appropriation for that year before this bill is enacted or how large that appropriation would be; however, in subsequent years, we estimate that the program's annual authorization of appropriation would be reduced by $6.5 million. 5. 347 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 Martin von Gnechten. The estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.

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