CBO - Congressional Budget Office

01/23/2020 | News release | Distributed by Public on 01/23/2020 14:59

S. 774, Rim of the Valley Corridor Preservation Act

S. 774 would require the National Park Service (NPS) to expand the boundaries of the Santa Monica Mountains National Recreation Area to include the area known as the Rim of the Valley Corridor Unit, as defined in the bill. The bill also would require the NPS to update the general management plan and administer the expanded areas, and it would authorize the NPS to acquire nonfederal land within the new boundaries.

According to the NPS, acquiring land within the expanded boundary area probably would not occur over the next five years because land acquisition typically occurs over a long period of time. In addition, the NPS expects that existing plans for updating the park management plan would satisfy the requirements under the bill. On that basis, CBO estimates that implementing S. 774 would have no significant costs over the 2020-2024 period.

On January 23, 2020, CBO transmitted a cost estimate for H.R. 1708, the Rim of the Valley Corridor Preservation Act, as ordered reported by the House Committee on Natural Resources on November 20, 2019. H.R. 1708 and S. 774 are similar and CBO's estimated costs are the same.