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1 S. 990, Platte River Recovery Implementation Program Extension Act, as Reported by the Senate Committee on Energy and Natural Resources on October 24, 2019 1 (October 31, 2019)

handle is hein.congrec/cboplttrv0001 and id is 1 raw text is: 



j   Congressional Budget Office
       Cost Estimate


October 31, 2019


By Fiscal Year, Millions of Dollars 2020              2020-2024            20202029
Direct Spending (Outlays)              0                     0                    0


Revenues


0


0


0


Increase or Decrease (-)
in the Deficit


S. 990 would reauthorize through 2033 a program to aid the recovery of threatened and
endangered species in the Platte River basin. The Bureau of Reclamation (BOR) operates
that program (which will expire at the end of fiscal year 2020) in coordination with the U.S.
Fish and Wildlife Service and the states of Colorado, Wyoming, and Nebraska. The bill
would authorize the appropriation of $78 million (plus whatever amounts are necessary to
account for inflation) for that program. Over the past 13 years, as part of that program, the
federal government and states have implemented several elements of a jointly developed
plan; however, 2 of 10 milestones outlined in the plan remain outstanding.

The bill does not specify the year in which any appropriation should be provided so CBO has
estimated the necessary amounts for each year using information from BOR. Using historical
spending patterns for the program, CBO estimates that implementing S. 990 would cost
$23 million over the 2020-2024 period and about $75 million after 2024. Total estimated
costs are greater than the specified $78 million because of the authorized adjustments for
inflation. That spending would be subject to appropriation of the necessary amounts.

The costs of the legislation, detailed in Table 1, fall within budget function 300 (natural
resources and environment).




                See also CBO's Cost Estimates Explained, www,cbo.gov/pubication/54437;
  How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo~govipubicationi42904.

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