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S. 35, Little Shell Tribe of Chippewa Indians Restoration Act of 2015 1 (March 25, 2015)

handle is hein.congrec/cbo2170 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 25, 2015 S.35 Little Shell Tribe of Chippewa Indians Restoration Act of 2015 As ordered reported by the Senate Committee on Indian Affairs on March 18, 2015 SUMMARY S. 35 would provide federal recognition to the Little Shell Tribe of Chippewa Indians of Montana. Federal recognition would make the tribe eligible to receive benefits from various federal programs. CBO estimates that implementing this legislation would cost $40 million over the 2016-2020 period, assuming appropriation of the necessary funds. Enacting S. 35 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. S. 35 would impose an intergovernmental mandate as defined in the Unfunded Mandates Reform Act (UMRA) by exempting some lands from taxation by state and local governments, but CBO expects the cost of that mandate would be small and well below the threshold established in that act ($77 million in 2015, adjusted annually for inflation). S. 35 contains no private-sector mandates as defined in UMRA. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 35 is shown in the following table. The costs of this legislation fall within budget functions 450 (community and regional development) and 550 (health).

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