Congressional Budget Office
Cost Estimate
January 19, 2022
H.R. 2899, a bill to direct the Secretary of the Interior to conduct a study to assess the suitability and feasibility of designating areas within the island of Guam as a National Heritage Area, and for other purposes
As ordered reported by the House Committee on Natural Resources on July 14, 2021
By Fiscal Year, Millions of Dollars | 2022 | 2022-2026 | 2022-2031 | ||||||||||||||||
Direct Spending (Outlays) | 0 | 0 | 0 | ||||||||||||||||
Revenues | 0 | 0 | 0 | ||||||||||||||||
Increase or Decrease (-) | |||||||||||||||||||
0 | 0 | 0 | |||||||||||||||||
in the Deficit | |||||||||||||||||||
Spending Subject to | * | * | not estimated | ||||||||||||||||
Appropriation (Outlays) | |||||||||||||||||||
Statutory pay-as-you-go | No | Mandate Effects | |||||||||||||||||
procedures apply? | |||||||||||||||||||
Contains intergovernmental mandate? | No | ||||||||||||||||||
Increases on-budget deficits in any | No | ||||||||||||||||||
of the four consecutive 10-year | |||||||||||||||||||
periods beginning in 2032? | Contains private-sector mandate? | No | |||||||||||||||||
* = between zero and $500,000.
H.R. 2899 would direct the National Park Service (NPS) to assess the suitability and feasibility of designating areas in Guam as a National Heritage Area. Under the bill, the NPS would conduct a study in consultation with regional and local organizations and agencies and report the findings to the Congress.
Using information from the NPS, CBO estimates that implementing H.R. 2899 would cost less than $500,000 over the 2022-2026 period; such spending would be subject to the availability of appropriated funds.
The CBO staff contact for this estimate is Sofia Guo. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.
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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CBO - Congressional Budget Office published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 17:03:04 UTC.