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H.R. 1146, Arctic Cultural and Coastal Plain Protection Act (CBO Report for Congress)

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Congress 116th
Date Requested May 1, 2019
Requested By House Committee on Natural Resources
Date Sent June 21, 2019
Description:
The bill would Repeal a program to lease federal lands in the Arctic National Wildlife Refuge (ANWR) in Alaska for oil and gas exploration and production Estimated budgetary effects would primarily stem from  Forgone government income resulting from repealing the program   Areas of significant uncertainty include The magnitude of future government income from leasing in ANWR Long-term oil prices, resource potential in ANWR, the cost of oil production, and alternative investment opportunities of  potential lessees

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