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H.R. 1335, Strengthening Fishing Communities and Increasing Flexibility in Fisheries Management Act 1 (May 14, 2015)

handle is hein.congrec/cbo2244 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 14, 2015 H.R. 1335 Strengthening Fishing Communities and Increasing Flexibility in Fisheries Management Act As ordered reported by the House Committee on Natural Resources on April 30, 2014 SUMMARY H.R. 1335 would amend and reauthorize the Magnuson-Stevens Fishery Conservation and Management Act (MSA) and authorize the appropriation of $1.6 billion through 2019 to carry out that act. The bill also would require the Secretary of Commerce to request that the National Academy of Sciences conduct a study of certain mixed-use fisheries. CBO estimates that implementing H.R. 1335 would cost $1.5 billion over the 2016-2020 period and $72 million after 2020, assuming appropriation of the authorized and necessary amounts. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 1335 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would benefit states by reauthorizing a number of programs that support fish conservation and management activities. Any costs states incur would result from complying with conditions of receiving federal assistance. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 1335 is shown in the following table. The costs of this legislation fall within budget functions 300 (natural resources and environment).

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