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S. 675, Long Island Sound Restoration and Stewardship Act 1 (April 19, 2017)

handle is hein.congrec/cbo3427 and id is 1 raw text is: 




                CONGRESSIONAL BUDGET OFFICE
                          COST ESTIMATE

                                                                 April 19, 2017


                                   S. 675
           Long  Island Sound   Restoration  and  Stewardship  Act

    As ordered reported by the Senate Committee on Environment and Public Works
                                on April 5, 2017


SUMMARY

S. 675 would require the Long Island Sound office of the Environmental Protection
Agency (EPA) to study the impact of climate change on the Long Island Sound
watershed, to develop conservation strategies, and to increase public education about the
watershed. In addition, the bill would authorize appropriations through 2023 for activities
related to those purposes and for the EPA to operate the Office of the Management
Conference of the Long Island Sound Study.

Assuming appropriation of the specified and estimated amounts, CBO estimates that
implementing this legislation would cost $274 million over the 2017-2022 period.

Enacting S. 675 would not affect direct spending or revenues; therefore, pay-as-you-go
procedures do not apply. CBO estimates that enacting S. 675 would not increase net
direct spending or on-budget deficits in any of the four consecutive 10-year periods
beginning in 2028.

S. 675 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 impact of S. 675 is shown in the following table. The costs of
this legislation fall within budget function 300 (natural resources and environment).

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