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S. 970, Water Resources Research Amendments Act of 2013 1 (February 25, 2014)

handle is hein.congrec/cbo1518 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE February 25, 2014 S. 970 Water Resources Research Amendments Act of 2013 As ordered reported by the Senate Committee on Environment and Public Works on February 6, 2014 SUMMARY S. 970 would authorize appropriations for grants from the U.S. Geological Survey to colleges and universities to support research related to increasing the effectiveness and efficiency of new and existing water treatment systems. This legislation would authorize the appropriation of $7.5 million a year through 2018 for such grants. In addition, S. 970 would authorize the appropriation of $1.5 million annually through 2018 for the Secretary of the Interior to fund additional research and to synthesize the results of research conducted by colleges and universities on interstate water issues. Assuming appropriation of the authorized amounts, CBO estimates that implementing S. 970 would cost $39 million over the 2014-2019 period. Enacting S. 970 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. S. 970 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of S. 970 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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