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H.R. 2954, a Bill to Authorize Escambia County, Florida, to Convey Certain Property that was Formerly Part of Santa Rosa Island National Monument and That Was Conveyed to Escambia County Subject to Restrictions on Use and Reconveyance 1 (December 4, 2013)

handle is hein.congrec/cbo11400 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE December 4, 2013 H.R. 2954 A bill to authorize Escambia County, Florida, to convey certain property that was formerly part of the Santa Rosa Island National Monument and that was conveyed to Escambia County subject to restrictions on use and reconveyance As ordered reported by the House Committee on Natural Resources on October 30, 2013 H.R. 2954 would authorize Escambia County in Florida to convey certain property that it received from the federal government. The specified properties had been part of the Santa Rosa Island National Monument and were transferred to Escambia County in 1947 for public purposes. As a condition of that conveyance, Escambia County can reconvey the properties to the federal government or to the state of Florida. H.R. 2954 would remove that condition and add new conditions. First, under the bill, any conveyance of the specified properties would require Escambia County to convey to Santa Rosa County any of the property that falls within the jurisdictional boundaries of Santa Rosa County. Second, any proceeds above the direct or incidental costs from conveyances under the bill would be transferred to the federal government. CBO estimates that implementing the legislation would have no significant impact on the federal budget. Enacting H.R. 2954 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 and local government entities, CBO estimates that the proceeds from any conveyances of the specified properties would be used to cover direct or incidental costs. H.R. 2954 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. 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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