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S. 2579, Drinking Water Safety and Infrastructure Act 1 (March 2, 2016)

handle is hein.congrec/cbo2782 and id is 1 raw text is: 




O       CONGRESSIONAL BUDGET OFFICE                                  Keith Hall, Director
        U.S. Congress
        Washington, DC 20515


                                  March 2, 2016



      Honorable Mike Enzi
      Chairman
      Committee on the Budget
      United States Senate
      Washington, DC 20510

      Re: Cost estimate for S. 2579, the Drinking Water Safety and Infrastructure
      Act, as introduced in the Senate on February 24, 2016.

      Dear Mr. Chairman:

      As you requested, the Congressional Budget Office (CBO) has reviewed
      S. 2579, the Drinking Water Safety and Infrastructure Act, as introduced on
      February 24, 2016. CBO's estimate of the direct spending and revenue
      effects of enacting the bill is included in the enclosed tables. S. 2579 is
      similar to Senate amendment 3323 to H.R. 4470 and the estimated
      budgetary impacts are the same.

      S. 2579 would appropriate $170 million for the Environmental Protection
      Agency (EPA) to provide grants to eligible states and to make loans under
      the Water Infrastructure Finance and Innovation Program to eligible entities
      for water infrastructure projects. The bill also would appropriate
      $50 million for a lead exposure registry and three children's health
      programs related to lead exposure. Finally, beginning in fiscal year 2021,
      S. 2579 would prohibit further spending by the Department of Energy of
      certain balances available to cover the subsidy costs of loans issued through
      the Advanced Technology Vehicle Manufacturing (ATVM) Loan Program.

      CBO and staff of the Joint Committee on Taxation (JCT) estimate that over
      the 2016-2026 period enacting S. 2579 would:

          * Increase direct spending for water infrastructure and outreach
             activities related to lead exposure by $220 million;


e Reduce direct spending for the ATVM program by $300 million;

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