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Cost anv Bupcerary CONSIDERATIONS
7
The following estimate of costs of this measure has been provided
by the Congressional Budget Office.
U.S. Conaress,
CONGRESSIONAL BupGer Orricr,
Washington, D.C., December 6, 1979.
Hon. Henry M. Jacrson,
Chairman, Committee on Energy and Natural Resources, U.S, Senate,
Dirksen Senate Office Building, Washington, D.C.
Dear Mr. Cruairstan: Pursuant to Section 103 of the Congressional
Budget Act of 1974, the Congressional Budget Office has prepared the
attached cost estimate for ELK. 3756, a bill to authorize appropriations
for certain insular areas of the United States, and for other purposes.
Should the Committee so desire, we would be pleased to providefurther details on this estimate.
Sincerely,
Axnice M. Rivity, Director.
Decemper 6, 1979.
1. Bill number: ELK, 3756.
2. Bill title: & bill to authorize appropriations for certain insular
areas of the United States, and for other purposes.
3. Bill status: As ordered reported by the Senate Committee on
Energyand Natural Resources, December6, 1979.
4, Bill purpose: The purpose of this legislation is to authorize the
appropriation of funds for various prograins for the Trust Territory
of the Pacific Islands, the Northern Mariana Islands, Guam, the Virgin
Islands and American Samoa.
5. Cost estimate: —
[Byfiscal years, in millions of dollars}
Expenditures:
:
Estimated authorization level... 22-2
Estimated outlays... 0... eee
Revenues: Estimated revenue decrease... ...-----.--.-.-Net budget impact: tet increase or decreass (—) in delicit._...
1980
1981
1982
1933
1984
—34.9
—34.9
21
—32. 8
134.7
42.1
2.1
44.2
136.8
333. ;
150.0
154.3
2.1
156.4
163.2
159. 1
2.1
161.2
136 3
6. Basis of estimate: The following describes the methodology used
to estimate the cost of each section of the bill.
Trust Territory of the Pacific Islands
Section 101 amendstheact of June 30, 1954 by authorizing the appropriation of such sums as maybe necessary forfiscal years after
1980 for the operation of the government of the Trust Territory ofthe
Pacific Islands. Thefiscal year 1980 appropriation of $113,785 has been
inflated over the projection period by therelevant. inflators to derive
the estimated authorization level for fiscnl years 1981 through 1984.
No conclusion of the neyvotiations on the future status of Micronesia
has been assumed. Outlays are based on a spendout rate from appro-
wt
ConeressionaL Bouncer Orrice—Costr EStTraatTe