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1 H.R. 925, North American Wetlands Conservation Extension Act 1 (September 30, 2019)

handle is hein.congrec/cbonamwe0001 and id is 1 raw text is: Congressional Budget Office ' 'Cost Estimate my -iscai Year, MIvinIons at oroiars Direct Spending (Outlays) Revenues Increase or Decrease (-) in the Deficit 2020 0 0 0 2020 %2024 0 0 September 30, 2019 2020-2029 0 0 0 0 H.R. 925 would authorize the appropriation of $60 million annually over the 2020-2024 period for the U.S. Fish and Wildlife Service (USFWS) to carry out the North American Wetlands Conservation Act. Under that act, USFWS awards competitive grants for projects to conserve wetlands in the United States, Canada, and Mexico. In 2019, the agency received an appropriation of $42 million to carry out those activities. Assuming appropriation of the authorized amounts, and based on historical spending patterns for the program, CBO estimates that implementing H.R. 925 would cost $195 million over the 2020-2024 period and $105 million after 2024. The costs of the legislation (detailed in Table 1) fall within budget function 300 (natural resources and environment). By Fiscal Year, Millions of Dollars 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Authorization Estimated Outlays 60 15 60 30 Increases in Spending Subject to Appropriation 60 60 60 0 0 42 51 57 45 30 The CBO staff contact for this estimate is Janani Shankaran. 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. 0 18 0 9 0 3

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