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S. 3038, Coastal Coordination Act of 2016 1 (August 12, 2016)

handle is hein.congrec/cbo3079 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 12, 2016 S. 3038 Coastal Coordination Act of 2016 As ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 15, 2016 SUMMARY S. 3038 would reauthorize the Coastal Zone Management Act of 1972 (CZMA), which governs federal and state environmental management of coastal areas. The bill would authorize appropriations for grants to state and local governments and other coastal zone management programs administered by the National Oceanic and Atmospheric Administration (NOAA). The bill also would authorize NOAA, in consultation with Texas, Louisiana, Mississippi, Alabama, and Florida, to create programs for the conservation and restoration of the Gulf of Mexico ecosystem. CBO estimates that implementing S. 3038 would cost $423 million over the 2017-2021 period, assuming appropriation of the authorized amounts. Enacting S. 3038 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 3038 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 3038 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 3038 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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