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1 H.R. 2819, Gold Star Families National Monument Extension Act 1 (October 8, 2019)

handle is hein.congrec/cbogoldsf0001 and id is 1 raw text is: \ Congressional Budget Office 7 Cost Estimate October 8, 2019 By Fiscal Year, Millions of Dollars 2020 2020-2024 2020-2029 Direct Spending (Outlays) 0 * * Revenues Increase or Decrease (-) in the Deficit 0 0 0 0 H.R. 2819 would extend the authorization of the Gold Star Mothers National Monument Foundation to establish a commemorative work on eligible federal land through January 2, 2024. The foundation's authorization to establish a commemorative work expires on January 2, 2020. Federal funds are prohibited from being used to establish the monument. The provisions of the Commemorative Works Act apply to the establishment and maintenance of the monument. That act requires the foundation to donate 10 percent of the monument's estimated construction cost to the National Park Foundation (a nonprofit organization). That amount and any project funds remaining after construction would be available to the National Park Service (NPS) for the monument's future maintenance without further appropriation. CBO expects that although the timing of federal spending on monument maintenance by the NPS would change, the net amount of federal spending would not change. On that basis, CBO estimates that enacting H.R. 2819 would have no significant effect on the federal budget. The CBO staff contact for this estimate is David Hughes. 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.

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