|Office of Management and Budget||Print this document|
|May 10, 2000 |
|The Administration strongly believes that now is the time to provide
a permanent stream of significant new resources to support State and
community efforts to protect wildlife and local green spaces, reinforce
Federal efforts to save natural and historic treasures, and expand
efforts at all levels to protect ocean and coastal resources. Such
investment would be both a gift to our children of today and a promise
to our children of tomorrow. This priority is reflected in the
President's Lands Legacy Initiative, which has been put before the
Congress in each of the past two years.
The Administration is pleased that H.R. 701 seeks to achieve many of the same goals as the President's Lands Legacy Initiative, and therefore urges prompt House passage of the bill. We do remain concerned about several aspects of H.R. 701, and strongly support amendments to improve and strengthen the legislation and thus increase the likelihood of final enactment of an historic conservation legacy. We look forward to final legislation that meets the above goals, and that
The Administration supports protected and permanent funding for conservation purposes that is achieved through sound mechanisms within a balanced budget framework. We commend the sponsors for dropping the off-budget treatment in the original bill in the Managers' Amendment. While we regret that an amendment addressing concerns about offshore incentives was not made part of the Managers' Amendment by the Rules Committee, we understand that the amendment will be offered on the floor by Representatives Boehlert (R-NY), Markey (D-MA), and Pallone (D-NJ), and we strongly support its adoption.
The Administration looks forward to working with the House and the Senate to ensure enactment of an historic conservation legacy this year.
OMB's preliminary scoring estimate of this bill is that it would result in an increase in direct spending of about $7.8 billion in Fiscal Years 2001-2005. The bill does not contain provisions to offset the net budget costs. As a result, if the bill were enacted without any further action to provide offsets, it could contribute to a sequester of mandatory spending. The Administration supports this bill and will work with the Congress to ensure that such an unintended sequester does not occur.