Description:
H.R. 2088 would take into trust, for the benefit of the Eastern Band of Cherokee Indians, approximately 96 acres of land located in Monroe County, Tennessee, that is currently administered by the Tennessee Valley Authority (TVA). The act would require TVA to submit revised maps of those lands to the Congress and would prohibit certain types of gaming on them. Using information from TVA, CBO estimates that compiling the information to revise the maps of the lands taken into trust would cost about $30,000 in 2022. Under current law, TVA sells electricity at prices sufficient to recover any costs it incurs in lieu of receiving annual appropriations. On that basis, CBO expects that any increase in direct spending for mapping would be treated as an operating expense and recovered quickly in TVA’s rates for electricity. Thus, CBO estimates that the net effect on direct spending would be negligible. The Department of the Interior (DOI) also would incur costs to take the land into trust. Using information from DOI, CBO estimates that the administrative costs to implement H.R. 2088 would not be significant; any spending would be subject to the availability of appropriated funds.
