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1 H.R. 6510, Restore Our Parks and Public Lands Act 1 (October 12, 2018)

handle is hein.congrec/cboropp0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE October 12, 2018 H.R. 6510 Restore Our Parks and Public Lands Act As ordered reported by the House Committee on Natural Resources on September 13, 2018 SUMMARY H.R. 6510 would require that proceeds from certain leases involving energy resources on public lands be deposited into a new fund in the Treasury. Under the bill, the Department of the Interior (DOI) could spend amounts in the fund without further appropriation, including interest credited to unspent balances, on deferred maintenance and infrastructure projects administered by the National Park Service (NPS), U.S. Fish and Wildlife Service (USFWS), Bureau of Land Management (BLM), and Bureau of Indian Education. The department also could accept and spend any cash or in-kind donations received from the public for such projects. CBO estimates that enacting H.R. 6510 would increase net direct spending by $6.5 billion over the 2019-2028 period; therefore, pay-as-you-go procedures apply. The bill would not affect revenues. CBO also estimates that enacting H.R. 6510 would not increase net direct spending by more than $2.5 billion or on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2029. H.R. 6510 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of H.R. 6510 is shown in the following table. The costs of the legislation fall within budget functions 300 (natural resources and the environment) and 450 (community and regional development).

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