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H.R. 627, Streamlining Energy Efficiency for Schools Act of 2017 1 (June 14, 2017)

handle is hein.congrec/cbo3597 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 14, 2017 H.R. 627 Streamlining Energy Efficiency for Schools Act of 2017 As ordered reported by the House Committee on Energy and Commerce on June 7, 2017 H.R. 627 would require the Secretary of Energy to establish a centralized clearinghouse to disseminate information on federal programs, incentives, and mechanisms for financing energy-efficient retrofits and upgrades at schools. The bill would direct the Secretary to work with other federal agencies to develop a comprehensive list of such federal programs and to streamline efforts to publicize them through education and outreach. Based on information from the Department of Energy (DOE) about current levels of spending for similar efforts, CBO estimates that implementing H.R. 627 would not significantly affect the federal budget. We estimate that any additional costs incurred by DOE to expand existing efforts to promote opportunities to boost energy efficiency of schools under H.R. 627 would total less than $500,000 annually; such spending would be subject to the availability of appropriated funds. Enacting the bill would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 627 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 627 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 Megan Carroll. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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