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1 H.R. 497, Santa Ana River Wash Plan Land Exchange Act 1 (June 4, 2018)

handle is hein.congrec/starvwpl0001 and id is 1 raw text is: 



                  CONGRESSIONAL BUDGET OFFICE
                             COST ESTIMATE

                                                                    June 4, 2018


                                   H.R.   497
              Santa  Ana  River  Wash   Plan  Land  Exchange   Act

       As ordered reported by the Senate Committee on Energy Natural Resources
                                 on May  17, 2018


H.R. 497 would require the Bureau of Land Management (BLM) to convey 327 acres of
federal land to the San Bernardino Valley Water Conservation District in California in
exchange for 310 acres of land owned by the district. Under the legislation, BLM would
be required to complete the exchange if the district requests, under the condition that the
parcels to be exchanged are of equal value. If the parcels are not of equal value, the
number of acres conveyed by the party with the lower valued land would be increased.
Any lands received by BLM in the exchange would be managed for conservation
purposes.

CBO  estimates that enacting H.R. 497 would affect direct spending; therefore, pay-as-
you-go procedures apply. However, CBO estimates that any net effect on direct spending
would be negligible. The federal lands that would be exchanged under the legislation
generate receipts totaling $7,000 a year from several rights-of-way. If those lands were
conveyed, the agency could request that the holders of those rights purchase permanent
easements prior to the conveyance. The proceeds from the sale of those easements would
partially or fully offset the lost receipts from the rights-of-way. Enacting the legislation
would not affect revenues.

CBO  also estimates that enacting H.R. 497 would not increase net direct spending or on-
budget deficits in any of the four consecutive 10-year periods beginning in 2029.

H.R. 497 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates  Reform Act. The land exchange authorized in the legislation would
benefit the San Bernardino Valley Water Conservation District. Any costs incurred by the
district associated with the land exchange would be voluntary.

On May  22, 2017, CBO transmitted a cost estimate for H.R. 497, the Santa Ana River
Wash  Plan Land Exchange Act, as ordered reported by the House Committee on Natural
Resources on April 27, 2017. The two versions of the legislation are similar, and CBO's
estimates of their budgetary effects are the same.

The CBO  staff contact for this estimate is Jeff LaFave. The estimate was reviewed by
H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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