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1 H.R. 6652, A Bill to Direct the Secretary of the Interior to Convey Certain Facilities, Easements, and Rights-of-Way to the Kennewick Irrigation District, and for Other Purposes 1 (December 18, 2018)

handle is hein.congrec/cbosicfe0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE U COST ESTIMATE December 18, 2018 H.R. 6652 A bill to direct the Secretary of the Interior to convey certain facilities, easements, and rights-of-way to the Kennewick Irrigation District, and for other purposes As ordered reported by the House Committee on Natural Resources on November 15, 2018 H.R. 6652 would direct the Bureau of Reclamation (BOR) to convey certain federal land and facilities to the Kennewick Irrigation District (district) in the state of Washington. Using information from BOR, CBO estimates that implementing H.R. 6652 would cost less than $100,000 over the 2019-2028 period for staff to carry out the title transfer including coordinating surveys and National Environmental Policy Act reviews. Any spending would be subject to the availability of appropriated funds. Under current law, the district pays the federal government about $70,000 annually for outstanding capital obligations it owes for the costs of constructing the project. Under the bill, the district would discontinue those payments and instead would pay the federal government an amount equal to the net present value of its outstanding obligation in 2020. Those payments are recorded in the federal budget as offsetting receipts, or reductions in direct spending. Because enacting the bill would affect direct spending pay- as-you-go procedures apply; however, CBO estimates that the net effect on direct spending would not be significant. Enacting H.R. 6652 would not affect revenues. CBO estimates that enacting H.R. 6652 would not increase net direct spending or on- budget deficits in any of the four consecutive 10-year periods beginning in 2029. H.R. 6652 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act. The CBO staff contact for this estimate is Aurora Swanson. The estimate was reviewed by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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