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1 1 (July 12, 2019)

handle is hein.congrec/proflcst0001 and id is 1 raw text is: July 12, 2019 Congressional Budget Office 1 /Cost Estimate By Fiscal Year, Millions of Dollars 2019 2019-2024 2019-2029 Direct Spending (Outlays) 0 100 400 Revenues Deficit Effect 0 0 0 100 0 400 The bill would * Prohibit future auctions of leases for oil and gas development in areas of the Gulf of Mexico that are within 125 miles of the coast of Florida and in most of the eastern Gulf of Mexico. Estimated budgetary effects would primarily stem from * Reducing collections of offsetting receipts from offshore oil and gas leases * Reducing spending subject to appropriation for administrative expenses related to leasing activities in the affected regions of the Outer Continental Shelf (OCS) Areas of significant uncertainty include * Estimating the amount and timing of any future government income from oil and gas leasing activities in the affected regions of the OCS under current law 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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