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1 1 (July 23, 2019)

handle is hein.congrec/energmat0001 and id is 1 raw text is: \ Congressional Budget Office 7 Cost Estimate July 23, 2019 By Fiscal Year, Millions of Dollars 2019 2019-2024 2019-2029 Direct Spending (Outlays) Revenues Increase or Decrease (-) in the Deficit 0 0 0 0 0 0 0 0 0 S. 1286 would direct the Department of Energy (DOE) to establish a program to promote the commercialization of energy and related technologies that are developed at department facilities such as the National Laboratories. The bill would authorize DOE to use amounts available under the Technology Commercialization Fund (TCF) to carry out the program. That fund receives 0.9 percent of the total amount appropriated annually to DOE for applied research, development, demonstration, and commercial application of energy-related technologies. CBO estimates that implementing S. 1286 would have no significant effect on the federal budget because the bill's requirements are largely consistent with existing activities funded under the TCF. In 2019, DOE used roughly $27 million from the fund for commercialization activities. The CBO staff contact for this estimate is Janani Shankaran. The estimate was reviewed by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis. See also CBO's Cost Estimates Explained, www.cbo.gov/publication/54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.gov/publication/42904.

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