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H.R. 3342, a Bill to Provide for Stability of Title to Certain Lands in the State of Louisiana, and for Other Purposes 1 (July 27, 2016)

handle is hein.congrec/cbo3050 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 27, 2016 H.R. 3342 A bill to provide for stability of title to certain lands in the State of Louisiana, and for other purposes As ordered reported by the House Committee on Natural Resources on February 3, 2016 H.R. 3342 would void a Bureau of Land Management (BLM) survey of lands near Lake Bistineau in northwest Louisiana. The bill also would nullify the legal effect of any future land survey of the affected areas. Based on information provided by BLM and other affected entities, CBO estimates that implementing the legislation would have no effect on the federal budget. Enacting H.R. 3342 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting the bill would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. The bill aims to clarify ownership of 230 acres of land that were omitted from a federal land survey in 1842. The State of Louisiana subsequently deeded those lands to the Bossier Levee District, which transferred them to private individuals. Following a resurvey of the area published in 1969, BLM determined that the affected lands, which were then held by private individuals, fell under federal jurisdiction. In recent years, both BLM and private titleholders have claimed ownership of the affected lands and the subsurface mineral estate, but the ownership issue remains unresolved. Under current law, the federal government is spending no money to maintain the lands, and is receiving no income from them. H.R. 3342 would void the survey from 1969 and nullify the legal effect of any future surveys of the affected area. As a result, the 1842 survey would become the survey of record and, because the affected lands were omitted from the 1842 survey, enacting the bill would not resolve the dispute over ownership of those lands or the subsurface mineral estate. Because the probability of the federal government receiving income from the affected lands would not change, CBO estimates that enacting it would not affect the federal budget. The affected lands are located in an area with significant natural gas deposits. The development of nonfederal natural gas leases on adjacent lands has resulted in the

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