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S. 1057, Harmful Algal Bloom and Hypoxia Research and Control Amendments Act of 2017 1 (July 6, 2017)

handle is hein.congrec/cbo3580 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE a COST ESTIMATE July 6, 2017 S. 1057 Harmful Algal Bloom and Hypoxia Research and Control Amendments Act of 2017 As ordered reported by the Senate Committee on Commerce, Science, and Transportation on May 18, 2017 SUMMARY S. 1057 would reauthorize and modify the Harmful Algal Bloom and Hypoxia Research and Control Act of 1998. The bill would authorize the appropriation of $110 million over the 2019-2023 period for the National Oceanic and Atmospheric Administration (NOAA) to mitigate the harmful effects of algal blooms and hypoxia (reduced oxygen level) in certain bodies of water. Assuming appropriation of the authorized amounts, CBO estimates that implementing the legislation would cost $76 million over the 2018-2022 period and $33 million after 2022. Enacting S. 1057 could affect direct spending; therefore, pay-as-you-go procedures apply. However, CBO estimates that the net effect would be negligible. Enacting the bill would not affect revenues. CBO estimates that enacting S. 1057 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. S. 1057 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. 1057 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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