As ordered reported by the House Committee on Natural Resources on January 17, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
0
26
50
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
Summary
H.R. 5874 would amend the United States-Mexico Transboundary Aquifer Assessment Act and reauthorize the appropriation of $50 million over the 2025-2032 period for federal projects, technical assistance, and grants under the Transboundary Aquifer Assessment Program. The bill also would add Arizona to the list of states that the U.S. Geological Survey may evaluate and designate as having priority transboundary aquifers.
For this estimate, CBO assumes that H.R. 5874 would be enacted during 2024 and that the $50 million that would be authorized to be appropriated under the bill will be in roughly equal amounts over the 2025-2032 period. In 2024, $1 million has been allocated for the program.
Based on historical spending patterns for the program, CBO estimates that implementing H.R. 5874 would cost $26 million over the 2024-2029 period and $24 million after 2029.
The costs of the legislation, detailed in Table 1, fall within budget function 300 (natural resources and environment).