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

Report No: 508
Date: 06/30/00

1. LAW NUMBER: P.L.106-221 (S. 291)
2. BILL TITLE: Wellton-Mohawk Transfer Act
3. BILL PURPOSE: Authorizes the Department of the Interior to convey title to certain aspects of the Gila Project, Arizona, to the Wellton-Mohawk Irrigation and Drainage District.
4. OMB ESTIMATE: P.L. 106-221 provides for the fair market value exchange of designated lands within or adjacent to the project. OMB estimates that the District would pay about $2 million in 2002 for certain federally owned lands.

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Net costs.................	0	0	-2	0	0	0

5. CBO ESTIMATE:

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Net costs.................	0	0	-2	0	0	0

6. EXPLANATION OF DIFFERENCES BETWEEN OMB AND CBO ESTIMATES: The estimates are the same.
7. CUMULATIVE EFFECT OF DIRECT SPENDING AND REVENUE LEGISLATION ENACTED TO DATE:

	(Fiscal years; in millions of dollars)
	2000	2001	2002	2003	2004	2005
Outlay effect..............	34	-99	-102	-108	-108	-109
Receipt effect............	-8	-620	-698	-746	-781	-768
Net costs....................	42	521	596	638	673	659

NOTE: The cumulative effect of direct spending and revenue legislation enacted to date is currently estimated to result in an end-of-session sequester. The Administration looks forward to working with the Congress to ensure that an unintended sequester does not occur.