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H.R. 712, a bill to extend the authorization of the Highlands Conservation Act 1 (October 7, 2014)

handle is hein.congrec/cbo1927 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 7, 2014 H.R. 712 A bill to extend the authorization of the Highlands Conservation Act As ordered reported by the House Committee on Natural Resources on September 18, 2014 SUMMARY H.R. 712 would authorize the appropriation of $11 million a year over the 2015-2021 period to carry out activities to conserve land and natural resources in four northeastern states. Assuming appropriation of the authorized amounts, CBO estimates that implementing the legislation would cost $51 million over the 2015-2019 period and $26 million after 2019. Because enacting the bill would not affect direct spending or revenues, pay-as-you-go procedures do not apply. H.R. 712 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA); any costs incurred by state, local, or tribal governments, including matching contributions, would result from participation in a voluntary federal program. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effects of H.R. 712 are shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment). By Fiscal Year, in Millions of Dollars 2015- 2015 2016 2017 2018 2019 2019 CHANGES IN SPENDING SUBJECT TO APPROPRIATION Authorization Level 11 11 11 11 11 55 Estimated Outlays 8 10 11 11 11 51

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