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

1 S. 576, Great Lakes Winter Commerce Act of 2021, as Ordered Reported by the Senate Committee on Commerce, Science, and Transportation on April 28, 2021 1 (July 26, 2021)

handle is hein.congrec/cboglkwc0001 and id is 1 raw text is: July 26, 2021 Congressional Budget Office Cost Estimate ByFa Y:r iIons cf Dollrs -02I 2021--2 202 23 Direct penm (igOutlays 0 0 0 PR.venues Incrae rD 7 F in re i eii 0 0 0 0 0 0 S. 576 would authorize the appropriation of $350 million in 2022 for the Coast Guard (USCG) to acquire an icebreaker vessel for use in the Great Lakes. The bill also would direct the Government Accountability Office (GAO), within one year of enactment, to review proposed standards for the Coast Guard's icebreaking operations in the Great Lakes and provide recommendations to improve that program. Under the bill, the USCG would report to the Congress on its plans to implement GAO's recommendations and would need to maintain a database on icebreaking activities in the Great Lakes. Using information from the USCG, CBO expects it would take 11 years to analyze, design, and construct the icebreaker as specified under the bill and that most of the associated costs would occur in the second half of that period. On that basis, CBO estimates that acquiring the icebreaker would cost $102 million over the 2021-2026 period and $248 million after 2026, assuming appropriation of the authorized amount. Based on the cost of similar activities, CBO estimates that the costs to the USCG and GAO to implement the administrative and reporting requirements under the bill would total $1 million over the 2021-2026 period; such spending would be subject to the availability of appropriated funds. The costs of the legislation, detailed in Table 1, fall within budget functions 400 (transportation) and 800 (general government). 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.

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