appraisals of the affected Forest Service lands, implements new fees based on those appraisals, and annually adjusts fees on all cabins to account for inflation. Because H.R. 4873 would cap annual cabin fees at $5,600 and prevent scheduled increases from being implemented as they would be under current law, CBO estimates that enacting the bill would lower annual receipts by an average of $150 per cabin over the 2015-2024 period. However, because of the reduction in fees CBO expects that fewer cabins would be abandoned under the bill than under current law, partially offsetting the reduction in the fee paid per cabin. On net, we estimate that enacting the new cabin fees required under H.R. 4873 would reduce offsetting receipts (and thus increase direct spending) by $10 million over the 2015-2024 period. Cabin Transfer Fees H.R. 4873 would require the Forest Service to collect a fee of $1,200 from cabin owners who transfer ownership of their cabins. That fee would be adjusted annually to account for inflation. CBO estimates that enacting this provision would increase offsetting receipts, which are treated as reductions in direct spending, by $5 million over the 2015-2024 period, based on information provided by the Forest Service indicating that about 400 permits will be issued to new owners each year. PAY-AS-YOU-GO CONSIDERATIONS The Statutory Pay-As-You-Go Act of 2010 establishes budget-reporting and enforcement procedures for legislation affecting direct spending or revenues. The net changes in outlays that are subject to those pay-as-you-go procedures are shown in the following table. CBO Estimate of Pay-As-You-Go Effects for S. 1341 as ordered reported by the Senate Committee on Energy and Natural Resources on December 19, 2013 By Fiscal Year, in Millions of Dollars 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2014- 2019 2014- 2024 NET INCREASE OR DECREASE (-) IN THE DEFICIT Statutory Pay-As-You-Go Impact 0 6 2 0 0 0 0 0 0 0 0 6
Posted on: Sun, 21 Sep 2014 18:38:16 +0000