![handle is hein.congrec/cbo11364 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE
COST ESTIMATE
October 30, 2013
H.R. 2728
Protecting States' Rights to Promote American Energy Security Act
As ordered reported by the House Committee on Natural Resources on July 3], 2013
H.R. 2728 would prevent the Department of the Interior (DOI) from enforcing regulations
related to hydraulic fracturing in any state where those activities are governed by state
regulations. Hydraulic fracturing involves pumping liquids into the ground to generate
cracks within geologic formations to increase access to liquids and gases trapped within
those formations.
Because there are currently no federal regulations directly related to hydraulic fracturing,
CBO estimates that implementing H.R. 2728 would have no significant impact on the
federal budget. The Department of the Interior has proposed regulations concerning
hydraulic fracturing on federal and Indian lands. If those, or similar regulations, were to go
into force in the future, H.R. 2728 could limit the implementation of those regulations,
possibly reducing federal costs. Enacting the legislation would not affect direct spending or
revenues; therefore, pay-as-you-go procedures do not apply.
H.R. 2728 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates Reform Act.
The CBO staff contact for this estimate is Jeff LaFave. The estimate was approved by
Theresa Gullo, Deputy Assistant Director for Budget Analysis.](ViewImageLocal?handle=hein.congrec/cbo11364&div=1&collection=&method=preview&ext=.png&size=3)
What Is HeinOnline?
Contact us for annual subscription options:
Already a HeinOnline Subscriber?
profiles profiles most
Contact us for annual subscription options:
Already a HeinOnline Subscriber?
profiles profiles most
Contact us for annual subscription options:
Already a HeinOnline Subscriber?
profiles profiles most