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H.R. 443, James K. Polk Presidential Home Study Act (CBO Report for Congress)

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Congress 115th
Date Requested Jan. 17, 2018
Requested By House Committee on Natural Resources
Date Sent Jan. 26, 2018
Description:

H.R. 443 would direct the National Park Service (NPS) to study the suitability and feasibility of designating the home of James K. Polk in Columbia, Tennessee, as a unit of the National Park System. Using information from the NPS on the costs of similar studies, CBO estimates that implementing H.R. 443 would cost about $200,000; such spending would be subject to the availability of appropriated funds.

 

Enacting H.R. 443 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

 

CBO estimates that enacting H.R. 443 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028.

 

H.R. 443 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

 

On April 7, 2017, CBO transmitted a cost estimate for S. 99, the James K. Polk Presidential Home Study Act, as ordered reported by the Senate Committee on Energy and Natural Resources on March 30, 2017. The two bills are similar and CBO’s estimates of their budgetary effects are the same.

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