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H.R. 5057, EPS Service Parts Act of 2014 1 (July 23, 2014)

handle is hein.congrec/cbo1789 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE July 23, 2014 H.R. 5057 EPS Service Parts Act of 2014 As ordered reported by the House Committee on Energy and Commerce on July 15, 2014 The Department of Energy (DOE) prescribes energy conservation standards for more than 50 categories of appliances and equipment. H.R. 5057 would exempt certain external power supplies from complying with standards set forth in a final rule published in February 2014. (An external power supply is a hardware component that converts household electric current into lower-voltage current used to operate devices such as laptops and smartphones.) The bill would authorize DOE to limit the applicability of that exemption if the Secretary finds that the exemption would result in a significant reduction in energy savings that would otherwise result if the February 2014 rule were fully implemented. CBO estimates that enacting H.R. 5057 would not significantly affect the federal budget. Based on information from DOE, we estimate that any costs incurred by the agency to carry out the bill's provisions would total less than $500,000 annually and would be subject to the availability of appropriated funds. H.R. 5057 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. H.R. 5057 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. The CBO staff contact for this estimate is Megan Carroll. The estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.

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