10/24/2018 | News release | Distributed by Public on 10/24/2018 15:08
Current law requires mining claimholders to pay claim maintenance fees each year or submit an application for a fee waiver and related paperwork to the Bureau of Land Management (BLM) by a filing deadline. If claimholders fail to do so they forfeit the claim. S. 884 would direct BLM to reinstate the forfeited mining claims of four claimholders in Alaska if those claimholders retroactively submit paperwork and pay fees. CBO estimates that any costs incurred by BLM to manage the reinstated claims would be insignificant and would be offset by the fees for that paperwork; thus, the net effect on spending subject to appropriation would be negligible.
Enacting S. 884 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
CBO estimates that enacting S. 884 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.
S. 884 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.