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CBO Cost Estimate - H.R. 3199 [i] (February 24, 2012)

handle is hein.congrec/cbo10653 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE February 24, 2012 H.R. 3199 A bill to provide a comprehensive assessment of the scientific and technical research on the implications of the use of mid-level ethanol blends, and for other purposes As ordered reported by the House Committee on Science, Space, and Technology on February 7, 2012 H.R. 3199 would require the Environmental Protection Agency (EPA) to coordinate with the National Academy of Sciences (NAS) to study the use of gasoline containing 15 percent ethanol, commonly referred to as E15. The NAS would be required to conduct a comprehensive assessment of the scientific and technical research on the implications of using E15 before EPA could allow its use in vehicles; the study would be required to be completed within 18 months of enactment. Section 3 of this legislation would require EPA to use $900,000 from the funds made available for science and technology to cover the costs of the study. Whether the funds for this study were made available from amounts appropriated in 2012 or in future years, CBO estimates that implementing the legislation would cost about $1 million. Pay-as-you-go procedures do not apply to H.R. 3199 because the bill would not affect direct spending or revenues. H.R. 3199 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments. The CBO staff contact for this estimate is Susanne S. Mehlman. This estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.

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