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1 S. 1520, Modernizing Recreational Fisheries Management Act of 2018 1 (May 25, 2018)

handle is hein.congrec/mdnzrfma0001 and id is 1 raw text is: a WM. CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 25, 2018 S. 1520 Modernizing Recreational Fisheries Management Act of 2018 As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 28, 2018 SUMMARY S. 1520 would allow the National Oceanic and Atmospheric Administration (NOAA) to make grants to states to improve their registration practices for recreational fishing. The bill also would require NOAA and the National Academy of Sciences (NAS) to conduct several studies and reviews related to fishery conservation and management. Assuming appropriation of the necessary amounts, CBO estimates that implementing S. 1520 would cost $7 million over the 2019-2023 period. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting S. 1520 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. S. 1520 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 S. 1520 is shown in the following table. The costs of the legislation fall within budget function 300 (natural resources and environment).

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