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S. 1254, Harmful Algal Bloom and Hypoxia Research and Control Amendments Act of 2014 1 (May 23, 2014)

handle is hein.congrec/cbo1636 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 23, 2014 S. 1254 Harmful Algal Blooms and Hypoxia Research and Control Amendments Act of 2014 As ordered reported by the House Committee on Science, Space, and Technology on May 21, 2014 SUMMARY S. 1254 would reauthorize and modify the Harmful Algal Bloom and Hypoxia Research and Control Act of 1998. The act would authorize the appropriation of $20.5 million annually through 2018 period for the National Oceanic and Atmospheric Administration (NOAA) to mitigate the harmful effects of algal blooms and hypoxia (reduced oxygen level) in certain bodies of water. Assuming appropriation of the authorized amounts, CBO estimates that implementing the legislation would cost $78 million over the 2015-2019 period and $4 million after 2019. Enacting S. 1254 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. S. 1254 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. 1254 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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