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H.R. 2430, Hinchliffe Stadium Heritage Act of 2013 1 (April 24, 2014)

handle is hein.congrec/cbo1587 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 24, 2014 H.R. 2430 Hinchliffe Stadium Heritage Act of 2013 As ordered reported by the House Committee on Natural Resources on April 9, 2014 H.R. 2430 would expand the Paterson Great Falls National Historical Park in the state of New Jersey to include the Hinchliffe Stadium. In March 2013, the National Park Service (NPS) designated the stadium as a national historic landmark. Based on information provided by NPS, CBO estimates that implementing the legislation would have no significant effect on the federal budget. Enacting H.R. 2430 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that the legislation would not significantly increase the park's operation costs and would not increase the cost to acquire land for the park unit. H.R. 2430 would authorize NPS to acquire a preservation easement for the stadium and would prohibit the acquisition of title to the property. CBO estimates that the legislation would increase costs for survey work and the transfer of an easement. However, those costs would be less than $100,000. CBO estimates that any spending for cooperative agreements with the stadium owners under H.R. 2430 to restore the stadium also could be incurred under current law. H.R. 2430 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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