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S. 783, Helium Stewardship Act of 2013 (CBO Report for Congress)

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Congress 113th
Date Requested June 18, 2013
Requested By Senate Committee on Energy and Natural Resources
Date Sent July 17, 2013
Description:

As ordered reported by the Senate Committee on Energy and Natural Resources on June 18, 2013

S. 783 would reauthorize, establish, or modify several programs related to the management of federal lands and natural resources and would increase certain payments to localities. Major provisions of the legislation would:

CBO estimates that enacting S. 783 would reduce net direct spending by $51 million over the 2014-2023 period; therefore, pay-as-you-go procedures apply. Enacting S. 783 would not affect revenues.

The bill also would authorize appropriations to conduct assessments of helium supplies, establish research and development programs related to helium, and administer the Secure Rural Schools program. In addition, S. 783 would require BLM to comply with certain reporting requirements. Assuming appropriation of the authorized and necessary amounts, CBO estimates that conducting those activities would cost $6 million over the 2014-2018 period. Finally, the bill would reduce the amount authorized to be appropriated for an existing Department of Energy grant program by $5 million. On net, CBO estimates that implementing those provisions would cost $1 million over the 2014-2018 period.

S. 783 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

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