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01Z.1A D ' R ' A ' F ' T ~ P:\User\Thomas\95Rate\Rte2Iss ,Rat CtbiEr 5. ~ Budget Neutrality and the Mechanics of Recording It InPRS Issue . In an effort to maintain budget neutrality during FYs 1993 through 1997. the Grand Canyon Protection Act (GCPA) made environmental expenses during those years nonreimbursable only to the extent that all provisions of the Reclamation Projects Authorization Adjustment Act'of 1992 (RPAAA) do not increase budget needs, Background . The GCPA specifies that the following expenses are nonreimbursable: 1. Expenses of Gl en Canyon Dam Envi ronmenta 1 Impact Statement, including supporting studies. which include: a, Expenses of the Glen Canyon Environmental Studies: and b, Purchased power expenses incurred due to the supporting studies. i,e" test flows, interim releases. and other research releases 2, Long-Term Monitoring Expenses To the extent that these expenses were funded by power revenues and they are now declared nonreimbursable, a credit can be taken against repayment of power investment, . To reduce the impact on the U,S, Treasury through the near-term, Congress declared that these expenses could be considered nonreimbursable for FYs 1993 through 1997 only to the extent that the cumulative net revenues from all of the provisions of the RPAAA. of which the GCPA is a part. are positive, The legislation states, "The Secretary (of Interior) shall determine the effect of all the provisions of this Act and submit a report to the appropri ate House and Senate COIJJ1Iittees by January 31 of each fi sea 1 year, and such report shall contain for that fiscal year a detailed accounting of expenditures incurred pursuant to this Act, offsetting receipts generated by this Act, and any increase or reduction in net Offsetting recei pts generated by thi s Act." . If the net revenues are not positive. the act states: "" ,Provided, that 1