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1 H.R. 9, Climate Action Now Act as Ordered by the House Committee on Energy and Commerce on April 4, 2019 1 (April 15, 2019)

handle is hein.congrec/clacnwa0001 and id is 1 raw text is: April 15, 2019 j Congressional Budget Office Cost Estimate Millions of Dollars 2019 2019-2024 2019o2029 Direct Spending (Outlays) 0 0 0 Revenues Deficit Effect 0 0 0 0 0 0 H.R. 9 would prohibit funds from being authorized to be appropriated, obligated, or expended to take actions to withdraw the United States from the United Nations Framework Convention on Climate Change's 21st Conference of Parties in Paris, France (known as the Paris Agreement). CBO estimates that the prohibition would have no significant effect on the federal budget because the costs to implement the withdrawal under the Paris Agreement would be negligible. 1 H.R. 9 also would require the President to develop a public plan for the United States to meet certain targets for greenhouse gas emissions as agreed to under the Paris Agreement and how the United States will confirm other parties to the Paris Agreement are fulfilling their targets. That plan would be updated annually. H.R. 9 does not require the United States to implement the plan nor prescribe the scope or level of detail required in the plan. The costs to implement those provisions of H.R. 9 could vary significantly depending on the level of effort federal agencies would devote to prepare the required plan. Agencies could adapt previously developed plans to fulfill the bill's requirements, such as those previously produced by the Department of State or Environmental Protection Agency in recent years. On the other hand, agencies may produce new plans that provide specific actions, policy recommendations, and regulatory and legislative proposals that also would fulfill the bill's 1. President Trump announced that the United States would withdraw from the Paris Agreement in June 2017. However, under the Agreement the earliest the United States can give official written notice of its intent to withdraw is November 2019 and the earliest that withdrawal may take effect is one year after that notification. See also CBO's Cost Estimates Explained, www cbo.gov/publication /54437; How CBO Prepares Cost Estimates, www.cbo.gov/publicationi53519; and Glossary, www.cbo~govipublication/42904.

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