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1 H.R. 3597, Solar Energy Research and Development Act of 2019, as Ordered Reported by the House Committee on Science, Space, and Technology on July 24, 2019 1 (August 28, 2019)

handle is hein.congrec/cbosolnrg0001 and id is 1 raw text is: 



j   Congressional Budget Office
       Cost Estimate


August 28, 2019


By Fiscal Year, ilions of Dollars   2019              2019-2024             2019-2029
Direct Spending (Outlays)              0                    0                     0


Revenues
Increase or Decrease (=)
in the Deficit


0

0


0

0


0

0


H.R. 3597 would authorize the appropriation of $1,492 million over the 2020-2024 period
for the Department of Energy (DOE) to conduct research and development on solar energy
systems and applications. Under the bill, DOE's research activities would focus on
alternative production and manufacturing technologies as well as methods for integrating
solar systems and products into transportation, building, and other types of infrastructure.
Appropriated funds also could be used to cover some of the cost of demonstration projects,
including some expenses for planning, equipment, and operations. Finally, the bill would
authorize the department to use grants, cooperative agreements, and contracts to implement
the programs.
Based on historical spending patterns for similar activities, and assuming appropriation of
the authorized amounts, CBO estimates that implementing H.R. 3597 would cost
$962 million over the 2019-2024 period and $530 million after 2024. The costs of the
legislation (detailed in Table 1) fall within budget function 270 (energy).


               See also CBO's Cost Estimates Explained, www.cbo.gov/publicationi54437;
How CBO Prepares Cost Estimates, www cbo gov/publication/53519; and Glossary, wwwcbo.gov/publication/42904.

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