H.R. 1500 would rename a small property owned by the National Park Service (NPS) in Washington, D.C. as “Robert Emmet Park,” in honor of that historical figure. The act also would authorize the NPS to post signage on or near the park that includes information about Robert Emmet.
Based on the costs for similar tasks, CBO estimates that the cost for the NPS to update signage for the park would be insignificant; such spending would be subject to the availability of appropriated funds.
Enacting H.R. 1500 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting H.R. 1500 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.
H.R. 1500 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.
On May 5, 2017, CBO transmitted a cost estimate for H.R. 1500, as ordered reported by the House Committee on Natural Resources on April 27, 2017. The two versions of H.R. 1500 are similar and CBO’s estimates of their budgetary effects are the same.
