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S. 491, Brownfields Utilization, Investment, and Local Development Act of 2013 (CBO Report for Congress)

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Congress 113th
Date Requested April 3, 2014
Requested By Senate Committee on Environment and Public Works
Date Sent April 10, 2014
Description:

As ordered reported by the Senate Committee on Environment and Public Works on April 3, 2014

S. 491 would authorize the appropriation of $250 million annually for 2015 and 2016 for the Environmental Protection Agency (EPA) to provide brownfields cleanup grants and programs. (Brownfields are properties where the presence, or potential presence, of a hazardous substance complicates the expansion or redevelopment of the property.) Assuming appropriation of the authorized amounts, CBO estimates that implementing S. 491 would cost $500 million over the 2015-2019 period.

Pay-as-you-go procedures do not apply to this legislation because the bill would not affect direct spending or revenues.

S. 491 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

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