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OMB COST ESTIMATE
FOR PAY-AS-YOU-GO CALCULATIONS

Report No: 548
Date: 01/12/01

  1. LAW NUMBER: P.L.106-568 (H.R. 5528)
  2. BILL TITLE: Omnibus Indian Advancement Act
  3. 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.
  4. 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.
  5. (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Net costs.................................... 0 8 0 0 0 0

     

  6. CBO ESTIMATE:
  7. (Fiscal years; in millions of dollars)
    2000 2001 2002 2003 2004 2005
    Net costs.................................... 0 8 0 0 0 0

     

  8. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES:
  9. OMB and CBO have the same estimates.

  10. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:
  11. (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.

 
 

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