( so a 23 é 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