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any recurring costs associated with managing any improvements at
the memorial would be incurred after 2023.
Enacting H.R. 2156 could affect direct spending by increasing do-
nations, which are treated as reductions in direct spending, and the
subsequent spending of those funds to construct a memorial; there-
fore, pay-as-you-go procedures apply. However, CBO estimates that
the net effect on direct spending would be negligible. Enacting the
legislation would not affect revenues.
CBO estimates that enacting H.R. 2156 would not increase net
direct spending or on budget deficits in any of the four consecutive
10-year periods beginning in 2029.
H.R. 2156 contains no intergovernmental or private-sector man-
dates as defined in the Unfunded Mandates Reform Act.
On July 6, 2017, CBO transmitted a cost estimate for H.R. 2156,
the Saint Francis Dam Disaster National Memorial Act, as ordered
reported by the House Committee on Natural Resources on June
27, 2017. The two versions of the legislation are similar, and CBO’s
estimates of their budgetary effects are the same.
The CBO staff contact for this estimate is Janani Shankaran.
The estimate was reviewed by H. Samuel Papenfuss, Deputy As-
sistant Director for Budget Analysis.
REGULATORY IMPACT EVALUATION
In compliance with paragraph 11(b) of rule XXVI of the Standing
Rules of the Senate, the Committee makes the following evaluation
of the regulatory impact which would be incurred in carrying out
H.R. 2156. The Act is not a regulatory measure in the sense of im-
posing Government-established standards or significant economic
responsibilities on private individuals and businesses.
No personal information would be collected in administering the
program. Therefore, there would be no impact on personal privacy.
Little, if any, additional paperwork would result from the enact-
ment of H.R. 2156 as ordered reported.
CONGRESSIONALLY DIRECTED SPENDING
H.R. 2156, as ordered reported, does not contain any congression-
ally directed spending items, limited tax benefits, or limited tariff
benefits as defined in rule XLIV of the Standing Rules of the Sen-
ate.
EXECUTIVE COMMUNICATIONS
The testimony provided by the Department of the Interior at the
August 15, 2018, hearing on S. 1926 and H.R. 2156 follows:

STATEMENT OF P. DANIEL SMITH, DEPUTY DIRECTOR, EXER-
CISING THE AUTHORITY OF THE DIRECTOR, NATIONAL
PARK SERVICE, U.S. DEPARTMENT OF THE INTERIOR
Chairman Daines, Ranking Member King, and members
of the Subcommittee, thank you for the opportunity to
present the views of the Department of the Interior on S.
1926 and H.R. 2156, bills to establish a national memorial
and national monument to commemorate those killed by
the collapse of the Saint Francis Dam on March 12, 1928,
and for other purposes.

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