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H.R. 954, a Bill to Remove the Use Restrictions on Certain Land Transferred to Rockingham County, Virginia, and for Other Purposes 1 (July 6, 2017)

handle is hein.congrec/cbo3623 and id is 1 raw text is: 




                 CONGRESSIONAL BUDGET OFFICE
                            COST   ESTIMATE

                                                                   July 6, 2017


                                 H.R.   954
    A bill to remove  the use restrictions on certain land transferred  to
          Rockingham County, Virginia, and for other purposes

  As ordered reported by the House Committee on Natural Resources on June 27, 2017


H.R. 954 would remove a use restriction in the deed for a parcel of land that was conveyed
by the National Park Service (NPS) to Rockingham County, Virginia. That restriction
stipulates that the land can only be used for a public park and a child care center. Based on
information provided by the NPS, CBO estimates that implementing the bill would have no
effect on the federal budget.

Enacting H.R. 954 would not affect direct spending or revenues; therefore, pay-as-you-go
procedures do not apply. CBO estimates that enacting the legislation would not increase
net direct spending or on-budget deficits in any of the four consecutive 10-year periods
beginning in 2028.

H.R. 954 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.

On April 7, 2017, CBO transmitted a cost estimate for S. 331 as ordered reported by the
Senate Committee on Energy and Natural Resources on March 30, 2017. The two bills are
similar, and CBO's estimates of the budgetary effects are the same.

The CBO  staff contact for this estimate is Jeff LaFave. The estimate was approved by
H. Samuel Papanfuss, Deputy Assistant Director for Budget Analysis.

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