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H.R. 5032, a Bill to Allow Certain Property in the Town of Louisa, Virginia, to Be Used for Purposes Related to compliance with Water Quality Standards, and for Other Purposes 1 (September 13, 2016)

handle is hein.congrec/cbo3183 and id is 1 raw text is: 




                 CONGRESSIONAL BUDGET OFFICE
                            COST ESTIMATE

                                                             September 13, 2016


                                 H.R. 5032
A bill to allow certain property in the town of Louisa, Virginia, to be used
     for purposes related to compliance with water quality standards,
                           and for other purposes

          As ordered reported by the House Committee on Natural Resources
                              on September 8, 2016


H.R. 5032 would remove a federal use restriction on a parcel of property within Louisa
Community Park in the town of Louisa, Virginia. The use restriction was originally
included as a condition of a grant provided by the National Park Service (NPS) to the town
to develop the park and stipulates that property be used only for outdoor recreational
purposes. Removing the use restriction would allow the town to repurpose a portion of the
property to build a production well to help the town comply with federal drinking water
quality standards.

Based on information from the NPS, CBO estimates that implementing the legislation
would not affect the federal budget.

Enacting the legislation would not affect direct spending or revenues; therefore,
pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 5032 would not
increase net direct spending or on-budget deficits in any of the four consecutive 10-year
periods beginning in 2027.

H.R. 5032 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.

The CBO staff contact for this estimate is Jon Sperl. The estimate was approved by
H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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