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1 H.R. 4091, ARPA-E Reauthorization Act of 2019, as Ordered Reported by the House Committee on Science, Space, and Technology on October 17, 2019 1 (November 5, 2019)

handle is hein.congrec/cboarpa0001 and id is 1 raw text is: I Congressional Budget Office Cost Estimate November 5, 2019 By Fiscal Year, illions of Dollars 2020 2020-2024 2020-2029 Direct Spending (Outlays) 0 0 0 Revenues Increase in the Deficit 0 0 0 0 0 0 H.R. 4091 would reauthorize activities of the Advanced Research Projects Agency-Energy (ARPA-E), an agency tasked with researching and developing transformative energy technologies, through fiscal year 2024. The bill also would amend ARPA-E's requirements for submitting annual reports and strategic vision roadmaps to the Congress. H.R. 4091 would authorize appropriations totaling $2.9 billion over the 2020-2024 period. In 2019, the Congress appropriated $366 million for ARPA-E. Because CBO scores continuing resolutions on an annualized basis, in 2020 CBO assumes that the same amount of funds will be available under the current continuing resolution (Public Law 116-59). As a result, CBO estimates that H.R. 4091 would authorize an increase in spending subject to appropriation in 2020 of $62 million, the difference between the authorized amount and the annualized amount under the continuing resolution. Based on historical spending patterns, and assuming appropriation of the authorized and necessary amounts, CBO estimates that implementing H.R. 4091 would cost $690 million over the 2020-2024 period and $1.8 billion after 2024. The costs of the legislation (detailed in Table 1) would fall within budget function 270 (energy). See also CBO's Cost Estimates Explained, www.cbo.gov/pubication/54437; How CBO Prepares Cost Estimates, www.cbo gov/publication/53519; and Glossary, www cbo gov/pubication/42904.

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