H.R. 2947, a bill to provide for the release of the reversionary interest held by the United States in certain land conveyed by the United States in 1950 for the establishment of an airport in Cook County, Minnesota
Cost Estimate
As ordered reported by the House Committee on Natural Resources on February 29, 2012
H.R. 2947 would remove certain use restrictions from land that was conveyed by the federal government to the state of Minnesota in 1950. Under current law, if the land is not used for purposes related to the operation of Cook County Airport, it must be returned to the United States.
As ordered reported by the House Committee on Natural Resources on February 29, 2012
H.R. 2947 would remove certain use restrictions from land that was conveyed by the federal government to the state of Minnesota in 1950. Under current law, if the land is not used for purposes related to the operation of Cook County Airport, it must be returned to the United States.
Based on information provided by managers of the Cook County Airport, CBO expects that, under current law, the affected lands would be retained by the airport. Therefore, we estimate that implementing the legislation would have no impact on the federal budget. Enacting H.R. 2947 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
The bill contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.
The CBO staff contact for this estimate is Jeff LaFave. The estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.
