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1 H.R. 1733, a Bill to Direct the Secretary of Energy to Review and Update a Report on the Energy and Environmental Benefits of the Re-Refining of Used Lubricating Oil 1 (2017)

handle is hein.congrec/envuslo3915 and id is 1 raw text is: 




CONGRESSIONAL BUDGET OFFICE
           COST   ESTIMATE


December  8, 2017


                                  H.R.  1733
 A  bill to direct the Secretary of Energy to review  and  update  a report on
      the energy  and environmental benefits of   the re-refining of used
                                lubricating  oil

        As ordered reported by the House Committee on Energy and Commerce
                               on December 6, 2017


H.R. 1733 would require the Secretary of Energy, in cooperation with the Administrator
of the Environmental Protection Agency and the Director of the Office of Management
and Budget, to review and update a report on the environmental and energy-related
benefits of re-refining used lubricating oil. The bill also would direct the Secretary to
develop a strategy for increasing the beneficial recycling of such oils.

Using information from the Department of Energy about the historical costs of similar
efforts, CBO estimates that the affected agencies would spend less than $500,000 to meet
the bill's requirements. Such spending would be subject to appropriation.

Enacting H.R. 1733 would not affect direct spending or revenues; therefore, pay-as-you-
go procedures do not apply.

CBO  estimates that enacting H.R. 1733 would not increase net direct spending or on-
budget deficits in any of the four consecutive 10-year periods beginning in 2028.

H.R. 1733 contains no intergovernmental or private-sector mandates as defined in the
Unfunded Mandates Reform Act.

The CBO  staff contact for this estimate is Megan Carroll. The estimate was approved by
H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.


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