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H.R. 4680, National Park Service Centennial Act 1 (May 17, 2016)

handle is hein.congrec/cbo2941 and id is 1 raw text is: 




                 CONGRESSIONAL BUDGET OFFICE
                             COST ESTIMATE

                                                                   May  17, 2016


                                 H.R.   4680
                   National  Park   Service Centennial   Act

 As ordered reported by the House Committee on Natural Resources on March 16, 2016


 SUMMARY

 H.R. 4680 would authorize appropriations for certain programs of the National Park
 Service (NPS) and the National Park Foundation (NPF). In addition the bill would increase
 the amount NPS collects (and is authorized to spend) from the sale of passes to enter
 national parks and from fees on lodging in national parks.

 CBO estimates that implementing the bill would cost $140 million over the 2017-2021
 period and an additional $65 million after 2021, assuming appropriation of the specified
 amounts.

 CBO estimates that enacting the legislation would increase both offsetting receipts from
 the sale of NPS passes and lodging fees and direct spending of the proceeds. In addition,
 the bill would establish the Centennial Challenge Fund to accept donations to the NPS. The
NPS  could spend any donated amounts without further appropriations. CBO estimates that
enacting the legislation would result in a small net increase in receipts of about $2 million
over the 2017-2026 period, because spending of the proceeds would lag behind collections
over the next 10 years. Because H.R. 4680 would affect direct spending, pay-as-you-go
procedures apply. Enacting the legislation would not affect revenues.

CBO  estimates that enacting H.R. 4680 would not increase net direct spending or
on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.

H.R. 4680 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates  Reform Act (UMRA)  and would not affect the budgets of state, local,
or tribal governments.

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