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congressional_record: CREC-2002-12-16-pt1-PgE2149-3

Congressional Record — full text of everything said on the floor of Congress. Speeches, debates, procedural actions from 1994 to present. House, Senate, Extensions of Remarks, and Daily Digest.

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granule_id date congress session volume issue title chamber granule_class sub_granule_class page_start page_end speakers bills citation full_text
CREC-2002-12-16-pt1-PgE2149-3 2002-12-16 107 2     COST ESTIMATE FOR H.R. 635 HOUSE EXTENSIONS ALLOTHER E2149 E2150 [{"name": "James V. Hansen", "role": "speaking"}] [{"congress": "107", "type": "HR", "number": "635"}, {"congress": "107", "type": "HR", "number": "635"}] 148 Cong. Rec. E2149 Congressional Record, Volume 148 Issue 153 (Monday, December 16, 2002) [Congressional Record Volume 148, Number 153 (Monday, December 16, 2002)] [Extensions of Remarks] [Pages E2149-E2150] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] COST ESTIMATE FOR H.R. 635 ______ HON. JAMES V. HANSEN of utah in the house of representatives Monday, December 16, 2002 Mr. HANSEN. Mr. Speaker, I request that the attached cost estimate for H.R. 635 be submitted for the Record under General Leave. U.S. Congress, Congressional Budget Office, Washington, DC, October 10, 2002. Hon. James V. Hansen, Chairman, Committee on Resources, House of Representatives, Washington, DC. Dear Mr. Chairman: The Congressional Budget Office has prepared the enclosed cost estimate for H.R. 635, the Homestead Steel Works National Historic Site Act. If you wish further details on this estimate, we will be pleased to provide them. The CBO staff contact is Deborah Reis. Sincerely, Barry B. Anderson (For Dan L. Crippen, Director). Enclosure. H.R. 635--Homestead Steel Works National Historic Site Act Summary: H.R. 635 would establish the Homestead Steel Works National Historic Site (NHS) in Pennsylvania as a unit of the National Park System. The federal budgetary impact of enacting this legislation is uncertain and would depend on unknown factors such as the condition of property that may be acquired by the National Park Service (NPS), the need for mitigating environmental or other safety hazards, and the extent of nonfederal participation in the project. Depending on the level of restoration, stabilization, and development for visitor use that is undertaken, CBO estimates that initial costs to establish and operate the new NHS would be between $60 million and $120 million over the five years following enactment. Some of these costs could be borne by state, local, or nonprofit entities, but the legislation would not require cost-sharing. All federal spending to implement the project, including operating expenses of [[Page E2150]] about $1 million annually, would be subject to appropriation. Enacting the legislation would not affect direct spending or revenues. The bill contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments. Major provisions: The Homestead Steel Works National Historic Site would consist of three or more separate properties in southwestern Pennsylvania--the Battle of Homestead site (between 3 acres and 5 acres and related structures), the 35-acre Carrie Furnace complex (including blast furnaces, an ore yard, and related buildings), the hot metal bridge over the Monongahela River, and possibly up to 10 acres of nearby land that may be acquired by the NPS for visitor and administrative facilities. H.R. 635 would authorize the NPS to accept donation of all of these sites as well as any related personal property. In addition to managing the NHS, the NPS could provide technical and financial assistance to local parties for their preservation and management efforts. The agency also would prepare a general management plan for the site within three years of the bill's enactment. Estimated cost to the Federal Government: CBO estimates that one-time planning, restoration, and development costs to establish the Homestead Steel NHS would be between $50 million to $115 million over the first five years following the bill's enactment. Of this amount, an estimated $6 million to $14 million would be used to build administrative and visitor facilities and develop an interpretive program. Planning (including the preparation of a general management plan, historic structures report, environmental assessments, and other requisite studies) would cost $1 million over the first three years. The balance of one-time costs would be used to restore historic structures, stabilize or rehabilitate industrial property such as blast furnaces and the hot metal bridge, and mitigate hazardous conditions and environmental contamination. We estimate that managing the new NHS would increase NPS operating costs by a total of $5 million through 2007. After 2007, estimated ongoing costs would be about $1.5 million a year. Annual costs would include routine NPS operating expenses, services to secure and maintain special property such as the bridge and blast furnaces, and technical assistance to nonfederal participant organizations. This estimate is based on information provided by the nonprofit Steel Industry Heritage Corporation, the NPS, and other federal, state, and local agencies. For this estimate, CBO assumes that any property acquired for the proposed NHS would be donated to the NPS at no significant cost to the federal government. CBO further assumes that any significant contamination or other safety hazards located on donated property would be corrected before or soon after federal acquisition. (If the agency acquired contaminated or unsafe property, the federal government could be liable for future third-party damages, but CBO has no basis for estimating the likelihood or amount of such costs.) Intergovernmental and private-sector impact: The bill contains no intergovernmental or private-sector mandates as defined in UMRA and would impose no costs on state, local, or tribal governments. Estimate prepared by: Federal costs: Deborah Reis; impact on state, local, and tribal governments: Marjorie Miller; impact on the private sector: Lauren Marks. Estimate approved by: Peter H. Fontaine, Deputy Assistant Director for Budget Analysis. ____________________

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