About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

S. 225, Mount Hood Cooper Spur Land Exchange Clarification Act 1 (April 7, 2017)

handle is hein.congrec/cbo3470 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE April 7, 2017 S. 225 Mount Hood Cooper Spur Land Exchange Clarification Act As ordered reported by the Senate Committee on Energy and Natural Resources on March 30, 2017 S. 225 would amend current law to modify the terms of a land exchange between the Forest Service and the Mt. Hood Meadows ski area in Oregon. The legislation would reduce the amount of land the agency would be authorized to convey to the ski area from 120 acres to 107 acres. The legislation also contains provisions aimed at expediting the exchange. Based on information provided by the Forest Service, CBO estimates that implementing the legislation would not affect the federal budget. Because CBO expects that enacting S. 225 would not affect whether the exchange would occur or when it would take place, we estimate that enacting the legislation would not affect direct spending. Enacting the legislation also would not affect revenues. Therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 225 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 225 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). The bill would modify the terms of a land exchange between the federal government and a private entity, which would have a small incidental effect on property taxes collected by local governments in Oregon. That effect, however, would not result from an intergovernmental mandate as defined in UMRA. On April 7, 2017, CBO transmitted a cost estimate for H.R. 699, the Mount Hood Cooper Spur Land Exchange Clarification Act, as ordered reported by the Senate Committee on Energy and Natural Resources on March 30, 2017. S. 225 and H.R. 699 are similar and CBO's cost estimate for each piece of legislation is the same. The CBO staff contact for this estimate is Jeff LaFave. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most