H.R. 5903, a bill to authorize the International Boundary and Water Commission to accept funds for activities relating to wastewater treatment and flood control works, and for other purposes
Cost Estimate
As ordered reported by the House Committee on Transportation and Infrastructure on November 15, 2023
H.R. 5903, a bill to authorize the International Boundary and Water Commission to accept funds for activities relating to wastewater treatment and flood control works, and for other purposes
As ordered reported by the House Committee on Transportation and Infrastructure on November 15, 2023
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
*
*
*
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
*
*
*
Spending Subject to Appropriation (Outlays)
*
*
not estimated
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
* = between -$500,000 and $500,000.
Summary
H.R. 5903 would authorize the U.S. International Boundary and Water Commission to accept and spend contributions from federal and nonfederal entities to carry out wastewater treatment, water conservation, and flood control projects. The bill would require the commission to report annually on how any collections were used.
Any contributions from nonfederal entities would be recorded in the budget as offsetting receipts, that is, as reductions in direct spending. CBO expects the amount the commission would collect each year from federal and nonfederal sources would vary depending on the needs, priorities, and financial resources of the contributing entities. Based on historical spending patterns of similar activities, CBO estimates that any collections would be spent soon after they are received. Thus, under the bill, the net effect on direct spending would be negligible in each year and over the 2024-2034 period.
Based on the costs of similar requirements, CBO estimates that the annual report would cost less than $500,000 over the 2024-2029 period. Any related spending would be subject to the availability of appropriated funds.