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1 1 (2019)

handle is hein.congrec/cbonvjw0001 and id is 1 raw text is: Congressional Budget Office ' 7Cost Estimate June 19, 2019 By Fiscal Year, IVillions of Dollars 2019 2019-2024 2019-2029 Direct Spending (Outlays) Revenues 0 0 0 Deficit Effect 0 0 0 0 0 0 The bill would * Secure water supplies for the Navajo Nation in Utah by ratifying the Navajo Water Rights Settlement Agreement among the federal government, the State of Utah, and the Navajo Nation * Authorize the appropriation of $241 million (including adjustments to account for inflation and interest earnings) to capitalize the Navajo Utah Settlement Trust Fund, which would be administered by the Department of the Interior until its transfer to the Navajo Nation * Require the Bureau of Reclamation to survey current and past water use on the reservation * Require the State of Utah to contribute $8 million to the trust fund * Prohibit the Navajo Nation from raising claims to certain water rights or for damage to water, land, and other resources Estimated budgetary effects would primarily stem from * The transfer of the trust fund's ownership to the Navajo Nation, which would trigger a federal expenditure of the trust fund's balance Detailed estimate begins on the next page. 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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