OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS
Report No: 548
Date: 01/12/01
- LAW NUMBER: P.L.106-568 (H.R. 5528)
- BILL TITLE: Omnibus Indian Advancement Act
- BILL PURPOSE: (1) Establishes the American Indian Education Foundation; (2) Ratifies a 1996 agreement that settles claims for losses on Torres Martinez Desert Cahuilla Indian trust lands; (3) Provides new authorities and mechanisms to address various concerns associated with native American and native Hawaiian housing; (4) Provides federal recognition for the Shawnee Tribe of Oklahoma and the Graton Racheria Tribe of California; and (5) Contains miscellaneous provisions relating to other Indian tribes.
- OMB ESTIMATE: P.L.106-568 provides for the settlement of claims entered into by the Department of Justice, the Imperial Irrigation District, the Coachella Valley Water District, and the Torres-Martinez Dessert Cahuilla Indian Tribe. Under the agreement, the Tribe receives payment from the Judgment Fund. The bill also eliminates the requirement to repay loans for expert assistance.
- CBO ESTIMATE:
- EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
- CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:
(Fiscal years; in millions of dollars) | ||||||
2000 | 2001 | 2002 | 2003 | 2004 | 2005 | |
Net costs.................................... | 0 | 8 | 0 | 0 | 0 | 0 |
(Fiscal years; in millions of dollars) | ||||||
2000 | 2001 | 2002 | 2003 | 2004 | 2005 | |
Net costs.................................... | 0 | 8 | 0 | 0 | 0 | 0 |
OMB and CBO have the same estimates.
(Fiscal years; in millions of dollars) | ||||||
2000 | 2001 | 2002 | 2003 | 2004 | 2005 | |
Outlay effect.............. | 34 | 7,887 | 12,198 | 14,552 | 15,747 | 16,863 |
Receipt effect............ | -8 | -1,778 | -2,987 | -3,413 | -3,453 | -3,789 |
Net costs.................... | 42 | 9,665 | 15,185 | 17,965 | 19,200 | 20,652 |
NOTE: Pursuant to P.L.106-554, the pay-as-you-go balances that would result in a sequester for FY 2001 will be set to zero in OMB's final sequestration report.