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H.R. 5781, California Emergency Drought Relief Act of 2014 1 (December 8, 2014)

handle is hein.congrec/cbo2025 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE December 8, 2014 SUMMARY H.R. 5781 would direct the Bureau of Reclamation (BOR) to issue permits for water transfers and certain water projects on an expedited basis. Based on information from BOR and assuming appropriation of the necessary amounts, CBO estimates that implementing H.R. 5781 would cost $33 million over the 2015-2019 period. Because enacting the legislation would not affect direct spending or revenues, pay-as-you-go procedures do not apply. H.R. 5781 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would benefit state and local water agencies in the State of California. Any costs to those agencies resulting from the bill would be incurred voluntarily. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 5781 is shown in the following table. The cost of this legislation falls 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 Estimated Authorization Level 6 8 8 8 8 38 Estimated Outlays 3 6 8 8 8 33 H.R. 5781 California Emergency Drought Relief Act of 2014 As introduced on December 2, 2014

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