OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
Report No: 508
Date: 06/30/00
- LAW NUMBER: P.L.106-221 (S. 291)
- BILL TITLE: Wellton-Mohawk Transfer Act
- BILL PURPOSE: Authorizes the Department of the Interior to convey title to certain
aspects of the Gila Project, Arizona, to the Wellton-Mohawk Irrigation and Drainage
District.
- OMB ESTIMATE: P.L. 106-221 provides for the fair market value exchange of
designated lands within or adjacent to the project. OMB estimates that the District would
pay about $2 million in 2002 for certain federally owned lands.
|
(Fiscal years; in millions of dollars) |
|
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
Net costs................. |
0 |
0 |
-2 |
0 |
0 |
0 |
- CBO ESTIMATE:
|
(Fiscal years; in millions of dollars) |
|
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
Net costs................. |
0 |
0 |
-2 |
0 |
0 |
0 |
- EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES: The
estimates are the same.
- CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION
ENACTED TO DATE:
|
(Fiscal years; in millions of dollars) |
|
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
Outlay effect.............. |
34 |
-99 |
-102 |
-108 |
-108 |
-109 |
Receipt effect............ |
-8 |
-620 |
-698 |
-746 |
-781 |
-768 |
Net costs.................... |
42 |
521 |
596 |
638 |
673 |
659 |
NOTE: The cumulative effect of direct
spending and revenue legislation enacted to date is
currently estimated to result in an end-of-session sequester. The Administration looks forward to
working with the Congress to ensure that an unintended sequester does not occur.
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