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H.R. 2371, Western Area Power Administration Transparency Act 1 (August 16, 2017)

handle is hein.congrec/cbo3689 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE August 16, 2017 H.R. 2371 Western Area Power Administration Transparency Act As ordered reported by the House Committee on Natural Resources on July 26, 2017 H.R. 2371 would direct the Western Area Power Administration (WAPA) to make more information about its financial operations available to the public. WAPA is an agency within the Department of Energy that markets electricity produced at federally owned dams in several western states. WAPA's expenditures are funded by annual appropriations and are offset over time by income from the sale of electricity. Based on information from WAPA, CBO estimates that implementing H.R. 2371 would cost less than $500,000 over the 2018-2022 period; such spending would be subject to the availability of appropriated funds. Implementing this bill would primarily involve making existing data accessible in new formats. According to WAPA, much of that work is being done under current law. Enacting H.R. 2371 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 2371 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 2371 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 Kathleen Gramp. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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