Page:United States Statutes at Large Volume 95.djvu/1536

 95 STAT. 1510

PUBLIC LAW 97-108—DEC. 23, 1981

Public Law 97-108 97th Congress An Act Dec. 23, 1981 [H.R. 1465]

State and Local Government Cost Estimate Act of 1981. 31 USC 1301 note. 31 USC 1353.

"Local government." 42 USC 4201. "Significant bill or resolution."

To amend the Congressional Budget Act of 1974 to require the Congressional Budget Office, for every significant bill or resolution reported in the House or the Senate, to prepare and submit an estimate of the cost which would be incurred by State and local governments in carrying out or complying with such bill or resolution.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "State and Local Government Cost Estimate Act of 1981". SEC. 2. (a) Section 403 of the Congressional Budget Act of 1974 is amended— (1) by inserting "(a)" before "The"; (2) by striking out "and" after the semicolon in clause (1) of subsection (a) (as redesignated by clause (1) of this subsection); (3) by inserting after clause (1) the following new clause: "(2) an estimate of the cost which would be incurred by State and local governments in carrying out or complying with any significant bill or resolution in the fiscal year in which it is to become effective and in each of the four fiscal years following such fiscal year, together with the basis for each such estimate; and"; (4) by redesignating clause (2) of such subsection as clause (3); (5) by striking out "(1)" in clause (3) of subsection (a) (as designated by clauses (1) and (4) of this subsection) and inserting in lieu thereof "(1) and (2)"; (6) by striking out "estimate" each place it appears in clause (3) of subsection (a) and in the last sentence of such subsection, and inserting in lieu thereof "estimates"; and (7) by inserting at the end thereof the following new subsections: "(b) For purposes of subsection (a)(2), the term 'local government' has the same meaning as in section 103 of the Intergovernmental Cooperation Act of 1968. "(c) For purposes of subsection (a)(2), the term 'significant bill or resolution' is defined as any bill or resolution which in the judgment of the Director of the Congressional Budget Office is likely to result in an annual cost to State and local governments of $200,000,000 or more, or is likely to have exceptional fiscal consequences for a geographic region or a particular level of government.".

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