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S. 2916, a Bill to Provide That the Pueblo of Santa Clara May Lease for 99 Years Certain Restricted Land, and for Other Purposes 1 (August 8, 2016)

handle is hein.congrec/cbo3127 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 8, 2016 S. 2916 A bill to provide that the pueblo of Santa Clara may lease for 99 years certain restricted land, and for other purposes As ordered reported by the Senate Committee on Indian Affairs June 8, 2016 S. 2916 would authorize the pueblo of Santa Clara and the Ohkay Owingeh pueblo to lease tribal lands for up to 99 years. In general, under current law, the tribes can lease tribal lands to schools, businesses, and public entities for 25-year terms. CBO estimates that implementing S. 2916 would have no significant impact on the federal budget. Any additional proceeds from such leases would accrue to the owners of the land and would have no effect on the federal budget. Enacting S. 2916 would not affect direct spending or revenues; therefore, pay-as-you-go procedures would not apply. CBO estimates that enacting S. 2916 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. S. 2916 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The pueblo of Santa Clara and the Ohkay Owingeh pueblo would benefit from provisions in the bill allowing them to lease land for up to 99 years, regardless of the trust status of the land. The CBO staff contacts for this estimate are Robert Reese (for federal costs) and Rachel Austin (for intergovernmental mandates). The estimate was approved by Theresa Gullo, Assistant Director for Budget Analysis.

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