| Report No: 524
Date: 11/16/2000
OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
- LAW NUMBER: P.L.106-366 (H.R. 2984)
- BILL TITLE: Conveyance of the Middle Loup
Division of the Missouri River Basin
Project
- BILL PURPOSE: Directs the Department of Interior
to convey title to the Middle Loup
Division of the Missouri River Basin Project, Nebraska, to three local reclamation and
irrigation districts.
- OMB ESTIMATE: P.L. 106-366 requires
the water districts and the Western Area Power
Administration (WAPA) to settle outstanding repayment obligations related to the
facilities as a condition of the conveyance, which is expected to occur in 2001.
|
(Fiscal years; in millions of
dollars) |
|
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
Net costs............... |
0 |
-5 |
* |
* |
* |
* |
- CBO ESTIMATE:
|
(Fiscal years; in millions of dollars) |
|
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
Net costs............... |
0 |
-5 |
* |
* |
* |
* |
- 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 |
361 |
1,156 |
1,292 |
1,815 |
1,759 |
Receipt effect............ |
-8 |
-620 |
-699 |
-747 |
-786 |
-775 |
Net costs.................... |
42 |
981 |
1,855 |
2,039 |
2,601 |
2,534 |
*$500,000 or less.
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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