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S. 2620, a Bill to Facilitate the Addition of Park Administration at the Coltsville National Historical Park, and for Other Purposes 1 (August 5, 2016)

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                  CONGRESSIONAL BUDGET OFFICE
                             COST ESTIMATE

                                                                   August 5, 2016



                                    S. 2620
  A bill to facilitate the addition of park administration at the Coltsville
               National Historic Park, and for other purposes

    As ordered reported by the Senate Committee on Energy and Natural Resources
                                 on July 13, 2016


S. 2620 would revise the boundaries of the Coltsville National Historic Park in
Connecticut. The Coltsville site is about 260 acres of land and structures that hold artifacts
associated with Colt Firearms and the Samuel Colt family. S. 2620 would allow the
National Park Service (NPS) to use space outside of the area stipulated under current law as
the National Historic Park.

Under S. 2620, NPS would relocate some existing facilities to the new area. CBO estimates
that any costs to implement S. 2620 would be insignificant and subject to the availability of
appropriated funds.

Because enacting S. 2620 would not affect direct spending or revenues, pay-as-you-go
procedures do not apply. CBO estimates that enacting S. 2620 would not increase net direct
spending or on-budget deficits in any of the four consecutive 10-year periods beginning in
2027.

S. 2620 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal
governments.

On March 4, 2016, CBO transmitted a cost estimate for H.R. 2857, a bill to facilitate the
addition of park administration at the Coltsville National Historic Park, and for other
purposes, as ordered reported by the House Committee on Natural Resources on
February 3, 2016. The two pieces of legislation are similar and CBO's estimates of their
budgetary effects are the same.

The CBO staff contact for this estimate is Jon Sperl. The estimate was approved by
Theresa Gullo, Assistant Director for Budget Analysis.

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