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1 H.R. 200, Strengthening Fishing Communities and Increasing Flexibility in Fisheries Management Act 1 (April 24, 2018)

handle is hein.congrec/cbomaybe0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE a COST ESTIMATE April 24, 2018 H.R. 200 Strengthening Fishing Communities and Increasing Flexibility in Fisheries Management Act As ordered reported by the House Committee on Natural Resources on December 13, 2017 SUMMARY H.R. 200 would amend the Magnuson-Stevens Fishery Conservation and Management Act, which addresses U.S. fisheries management and would authorize the annual appropriation of $397 million through 2022 for those purposes. The bill also would require the Secretary of Commerce to request that the National Academy of Sciences study certain mixed-use fisheries. CBO estimates that implementing H.R. 200 would cost about $1.4 billion over the 2019- 2023 period, assuming appropriation of the authorized and necessary amounts. Enacting the bill could increase revenues and direct spending; therefore, pay-as-you-go procedures apply. However, CBO estimates that any such changes would have a negligible net effect on the deficit. CBO estimates that enacting H.R. 200 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2029. H.R. 200 contains no intergovernmental mandates as defined in the Unfunded Mandates Reform Act (UMRA). The bill would impose a private-sector mandate as defined in UMRA by prohibiting shark feeding off the coast of Florida. CBO estimates that the cost of the mandate would fall below the annual threshold established in UMRA for private-sector mandates ($160 million in 2018, adjusted annually for inflation). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 200 is shown in the following table. The costs of the legislation fall within budget function 300 (natural resources and environment).

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