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S. 1479, Brownfields Utilization, Investment, and Local Development Act of 2015 (CBO Report for Congress)

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Congress 114th
Date Requested May 18, 2016
Requested By Senate Committee on Environment and Public Works
Date Sent June 13, 2016
Description:

S. 1479 would authorize the appropriation of $250 million annually in 2017 and 2018 for the Environmental Protection Agency (EPA) to provide grants to clean up brownfields and support state brownfield 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. 1479 would cost $500 million over the 2017-2021 period.

Pay-as-you-go procedures do not apply to this legislation because enacting the bill would not affect direct spending or revenues. CBO estimates that enacting S. 1479 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027.

S. 1479 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.

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