[Congressional Record Volume 162, Number 79 (Wednesday, May 18, 2016)]
[Senate]
[Page S2969]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       CBO COST ESTIMATE--S. 556

  Ms. MURKOWSKI. Mr. President, in compliance with paragraph 11(a) of 
rule XXVI of the Standing Rules of the Senate, the Committee on Energy 
and Natural Resources has obtained from the Congressional Budget Office 
an estimate of the costs of S. 556, Sportsmen's Act of 2015, as 
reported from the committee. The full estimate is available on CBO's 
Web site, www.cbo.gov.
 Mr. President, I ask unanimous consent that the summary of the cost 
estimate be printed in the Record.
  There being no objection, the material was ordered to be printed in 
the Record, as follows:

               Congressional Budget Office Cost Estimate


                    S. 556--Sportsmen's Act of 2015

                             (May 18, 2016)

       Summary: S. 556 would amend existing laws and establish new 
     laws related to the management of federal lands. It would 
     authorize the sale of certain federal land and permit the 
     proceeds from those sales to be spent. The bill also would 
     establish a fund to carry out deferred maintenance projects 
     on lands administered by the National Park Service (NPS) and 
     would permanently authorize the transfer of funds to the Land 
     and Water Conservation Fund (LWCF).
       CBO estimates that enacting the bill would increase both 
     direct spending and offsetting receipts (which are treated as 
     reductions in direct spending) by $65 million and $80 million 
     respectively over the 2017-2026 period; therefore, pay-as-
     you-go procedures apply. Enacting S. 556 would not affect 
     revenues. Based on information from the affected agencies, 
     CBO also estimates that implementing the legislation would 
     cost $486 million over the 2017-2021 period, assuming 
     appropriation of the amounts authorized to be deposited into 
     the NPS Maintenance and Revitalization Fund.
       CBO estimates that enacting S. 556 would not increase net 
     direct spending or on-budget deficits in any of the four 
     consecutive 10-year periods beginning in 2027.
       S. 556 contains no intergovernmental or private-sector 
     mandates as defined in the Unfunded Mandates Reform Act 
     (UMRA) and would benefit state, local, and tribal agencies by 
     authorizing federal grants to support conservation, historic 
     preservation, and recreational activities. Any costs would be 
     incurred by those entities, including matching contributions, 
     would be incurred voluntarily.

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