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OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS

Report No: 575
Date: 04/25/2002

  1. LAW NUMBER: P.L. 107-138 (H.R. 1913)

  2. BILL TITLE: Acomo Indian Ownership Rights

  3. BILL PURPOSE: Requires the valuation of the nontribal ownership of subsurface rights within the boundaries of the Acoma Indian Reservation.

  4. OMB ESTIMATE: P.L. 107-138 directs the Secretary of the Interior to conduct a valuation and acquisition of non-tribal subsurface rights within the boundaries of the Acomo Pueblo Indian Reservation. Mineral interests could be acquired through either a land exchange, a direct purchase, or by using transferrable bidding credits (interest free).

    5. (Fiscal years; in millions of dollars)
    2002 2003 2004 2005 2006 2007
    Net costs.................................... 0 2 0 0 0 0

     

  5. CBO ESTIMATE:
    6. (Fiscal years; in millions of dollars)
    2002 2003 2004 2005 2006 2007
    Net costs.................................... 0 2 0 0 0 0

     

  6. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:

    7. The estimates are the same.

  7. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:
    8. (Fiscal years; in millions of dollars)
    2002 2003 2004 2005 2006 2007
    Outlay effect.............. -180 24,175 24,413 23,832 9,219 1,000
    Receipt effect............ 0 -86,866 -106,319 -107,744 -126,474 0
    Net costs.................... -180 111,041 130,732 131,576 135,693 1,000