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

H.R. 2657, Disposal of Excess Federal Lands Act of 2013 1 (April 8, 2014)

handle is hein.congrec/cbo1545 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 8, 2014 H.R. 2657 Disposal of Excess Federal Lands Act of 2013 As ordered reported by the House Committee on Natural Resources on January 28, 2014 H.R. 2657 would direct the Bureau of Land Management (BLM) to offer certain federal lands for sale. The bill would require the agency to sell the affected lands for fair market value as determined by an independent appraiser. Any proceeds from the sale of those lands would be deposited in the U.S. Treasury. The bill also would require BLM to complete a report to the Congress identifying federal lands that are suitable for disposal. Based on information provided by BLM, CBO estimates that implementing the legislation would cost $6 million over the 2015-2018 period, assuming appropriation of the necessary amounts. Enacting the bill could increase offsetting receipts, which are treated as reductions in direct spending; therefore, pay-as-you-go procedures apply. However, CBO estimates that any effect on offsetting receipts would be negligible. H.R. 2657 would direct BLM to sell federal lands identified as suitable for disposal in a 1997 report to the Congress. That report identified roughly 3.4 million acres of land as suitable for disposal; however, many of the affected lands were subject to impediments that could prevent their sale, including high disposal costs, the presence of critical natural or cultural resources and habitat, mineral claims and leases, and hazardous conditions. Over the 2000-2011 period, when the Federal Land Transaction Facilitation Act (FLTFA) was in effect, CBO estimates that BLM sold roughly 30,000 acres of the affected lands generating more than $100 million in offsetting receipts (a significant portion of which were spent to acquire other lands under FLTFA). Under current law, BLM has the authority to sell the affected lands identified in the 1997 report, and CBO expects that the agency will offer some of those lands for sale over the 20 14-2023 period. H.R. 2657 would not require the agency to offer the affected lands for sale within a specified period of time, and CBO expects that enacting the bill would have little effect on the timing or quantity of future land sales under current law; therefore, we estimate that enacting the bill would have no significant effect on offsetting receipts.

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