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H.R. 1758, Brownfields Reauthorization Act of 2017 1 (August 4, 2017)

handle is hein.congrec/cbo3667 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 4, 2017 H.R. 1758 Brownfields Reauthorization Act of 2017 As ordered reported by the House Committee on Transportation and Infrastructure on July 27, 2017 H.R. 1758 would authorize the appropriation of $250 million annually over the 2018-2022 period for the Environmental Protection Agency (EPA) to provide grants to clean up brownfields and support state brownfield programs. (Brownfields are properties where the presence, or potential presence, of a hazardous substance complicates the expansion or redevelopment of the property.) Assuming appropriation of the authorized amounts, CBO estimates that implementing H.R. 1758 would cost $958 million over the 2018-2022 period; the remainder would be spent in years after 2022. Enacting H.R. 1758 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 1758 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 1758 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 H.R. 1758 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment).

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