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S. 703, Wichita Project Equus Beds Division Authorization Extension Act 1 (April 20, 2017)

handle is hein.congrec/cbo3428 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 20, 2017 S. 703 Wichita Project Equus Beds Division Authorization Extension Act As ordered reported by the Senate Committee on Energy and Natural Resources on March 30, 2017 SUMMARY S. 703 would authorize the Bureau of Reclamation (BOR) to assist the city of Wichita, Kansas, with implementing a local plan to recharge the groundwater of the Equus Beds Aquifer. The project consists of four phases and the city has completed phases I and II. The bill would authorize the BOR to assist the city with the final phases of the project over the next 10 years. Based on information from the BOR, and assuming appropriation of the necessary amounts, CBO estimates that implementing the legislation would cost $30 million over the 2018-2022 period. Enacting S. 703 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO also estimates that enacting the bill would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 703 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 effect of S. 703 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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