About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

S. 1696, Ocmulgee Mounds National Historical Park Boundary Revision Act of 2016 1 (August 9, 2016)

handle is hein.congrec/cbo3113 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 9, 2016 S. 1696 Ocmulgee Mounds National Historical Park Boundary Revision Act of 2016 As ordered reported by the Senate Committee on Energy and Natural Resources on July 13, 2016 S. 1696 would redesignate the Ocmulgee National Monument in Georgia as the Ocmulgee Mounds National Historical Park, authorize the expansion of the newly designated park's boundaries, and authorize a special resource study of the Ocmulgee River corridor. The bill stipulates that the National Park Service (NPS) may acquire approximately 2,100 acres of additional land through a donation, with donated funds, with appropriated amounts, or through a land exchange. Based on recent sale prices of comparable tracts of land in the areas where land would be purchased, and information from the NPS, CBO estimates that the cost to acquire and administer the land would be about $2 million over the 2017-2021 period, assuming the land was acquired with appropriated funds over the next five years. Total costs would depend on the average price per acre which, according to local property sales records, could range from $500 per acre to $1,500 per acre. Based on information from the NPS, CBO estimates that developing the resource study would have an insignificant cost. Because enacting S. 1696 would not affect direct spending or revenues, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 1696 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 1696 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments. On February 22, 2016, CBO transmitted a cost estimate for H.R. 482, the Ocmulgee Mounds National Historical Park Boundary Revision Act of 2016, as ordered reported by the House Committee on Natural Resources on February 3, 2016. H.R. 482 would not authorize the NPS to acquire land by purchase, whereas S. 1696 would; therefore, CBO estimates that implementing S. 1696 would cost more than implementing H.R. 482. The CBO staff contact for this estimate is Jon Sperl. The estimate was approved by H. Samuel Papenfuss, Deputy Director for Budget Analysis.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most