Congressional Budget Office Cost Estimate: H.R. 1114, Alaska Water Resources Act of 2007   [open pdf - 14KB]

From the Document: "H.R. 1114 would direct the Secretary of the Interior to conduct a study of water resources in five areas of Alaska. The study, to be completed within two years of the bill's enactment, would include a survey of accessible water supplies and water treatment needs. Assuming appropriation of the necessary funds, CBO [Congressional Budget Office] estimates that conducting those studies would cost $8 million over the 2008-2012 period. Enacting H.R. 1114 would not affect direct spending or revenues. H.R. 1114 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments. For this estimate, CBO assumes that H.R. 1114 will be enacted before the end of 2007. Based on the cost of similar studies, CBO estimates that carrying out the proposed study would cost $8 million over the 2008-2012 period, assuming appropriation of the necessary amounts. The estimated budgetary impact of H.R. 1114 is shown in the following table. The costs of this legislation fall within budget function 300 (natural resources and environment)."

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