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This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
This is historical material, "frozen in time."
The web site is no longer updated and links to external web sites and some internal pages will not work.
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OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
LAW NUMBER: P.L.106-329 (H.R. 4226)
BILL TITLE: Black Hills National Forest and Rocky
Mountain Research Station
Improvement Act
BILL PURPOSE: (1) Permits the Secretary of
Agriculture to sell or exchange certain
property in the Black Hills National Forest in South Dakota and use the proceeds for
replacement property and improvements in this area; and (2) authorizes appropriations for
a new laboratory facility at the Rocky Mountain Research Station in Rapid City, South
Dakota.
OMB ESTIMATE: P.L. 106-329 authorizes
the Secretary of Agriculture to sell or
exchange certain land in the Black Hills National Forest, and to accept cash equalization
payments up to the full value of the land. OMB estimates that the land sales resulting
from this authority will increase receipts by $1 million a year in FY 2001 and FY 2002.
The spending of the receipts will be subject to appropriations.
(Fiscal years; in millions of
dollars)
2000
2001
2002
2003
2004
2005
Net costs...............
0
-1
-1
0
0
0
CBO ESTIMATE:
(Fiscal years; in millions of dollars)
2000
2001
2002
2003
2004
2005
Net costs...............
0
-1
-1
0
0
0
EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
OMB and CBO have the same estimates.
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
352
1,138
1,253
1,751
1,678
Receipt effect............
-8
-620
-698
-746
-781
-768
Net costs....................
42
972
1,836
1,999
2,532
2,446
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.