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H.R. 4899, Lowering Gasoline Prices to Fuel an America that Works Act of 2014 1 (June 23, 2014)

handle is hein.congrec/cbo1711 and id is 1 raw text is: June 23, 2014 CBO Estimate of the Direct Spending Effects of H.R. 4899, the Lowering Gasoline Prices to Fuel an America That Works Act of 2014, as Introduced on June 19, 2014 by fiscal year in millions of dollars 2015 2016 2017 2018 2019 2020 2021 20 CHANGES IN DIRECT SPENDING Title 1: Offshore Energy and Jobs 1/ Estimated Budget Authority Estimated Outlays -50 -50 Title II: Onshore Federal Lands and Energy Security 2/ Estimated Budget Authority -36 Estimated Outlays -36 Total Changes in Direct Spending Estimated Budget Authority Estimated Outlays -86 -86 -65 -65 -85 -85 -36 -36 -41 -41 -160 -150 -145 -150 -155 -285 -115 -160 -150 -145 -150 -155 -285 -115 -36 -36 -36 -36 -36 -36 -36 -36 -36 -36 -36 -36 -31 -31 -106 -121 -196 -186 -181 -186 -191 -321 -146 -106 -121 -196 -186 -181 -186 -191 -321 -146 -510 -1,360 -510 -1,360 -185 -185 -357 -357 -695 -1,717 -695 -1,717 Note: Components may not sum to total because of rounding. 1/ Title I would revise existing laws and policies regarding the development of oil and gas resources on the Outer Continental Shelf. Title I is similar to H.R. 2231, the Offshore Energy and Jobs Act, which was passed by the House of Representatives on June 28, 2013. Differences in the estimates primarily reflect a later assumed enactment date. 2/ Title 11 would make certain amendments to the Mineral Leasing Act, require the Secretary of the Interior to conduct new activities related to oil and gas development on federal lands, and authorize the Secretary to conduct auctions for federal onshore oil and gas leases using Internet-based bidding methods. Title 11 contains provisions that are similar to those in H.R. 1965, the Federal Lands Jobs and Energy Security Act, which was passed by the House of Representatives on November 20, 2013, H.R. 1394; the Planning for American Energy Act of 2013, as ordered reported by the House Committee on Natural Resources on July 24, 2013; H.R. 1964, the National Petroleum Reserve Alaska Access Act, as ordered reported by the House Committee on Natural Resources on June 12, 2013; and H.R. 555, the BLM Live Internet Auctions Act, as ordered reported by the House Committee on Natural Resources on July 24, 2013. Differences in the estimates primarily reflect a later assumed enactment date. KG 3/JL 22 2023 2024 2015-2019 2015-2024

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