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1 H.R. 4031, Great Lakes Restoration Initiative Act of 2019 1 (October 2, 2019)

handle is hein.congrec/cboglkres0001 and id is 1 raw text is: Congressional Budget Office ' Cost Estimate By Fiscal Year, Illions of Dollars Direct Spending (Outlays) Revenues Increase or Decrease (-) in the Deficit 2020 2020-2024 0 October 2, 2019 2020-2029 0 0 0 0 0 0 0 0 H.R. 4031 would authorize appropriations totaling $2.125 billion over the 2022-2026 period for the Great Lakes Restoration Initiative. That initiative, led by the Environmental Protection Agency, provides funding to state, local, and tribal governments, institutions of higher learning, and nonprofit organizations to support programs and projects to protect and restore the Great Lakes. Currently, $300 million is authorized to be appropriated for the program in 2020 and 2021 and the Congress appropriated $300 million in 2019 for that purpose. Assuming appropriation of the specified amounts and based on historical spending patterns, CBO estimates that implementing the bill would cost $973 million over the 2022-2024 period). The cost of the legislation, detailed in Table 1, falls within budget function 300 (natural resources and environment). By Fiscal Year, Millions of Dollars 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Increases in Spending Subject to Appropriation Estimated Budget Authority 0 0 375 400 425 450 475 0 0 0 1.2C Estimated Outlays 0 0 244 335 394 436 461 161 70 24 97 CBO staff contact for this estimate is Stephen Rabent. The estimate was reviewed by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis. See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42904. ---4

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