Description:
H.R. 825 would direct the Secretary of the Interior to spend, without further appropriation, all proceeds from geothermal, wind, and solar energy production on federal lands. Under current law, most of the proceeds from those activities are deposited in the general fund of the Treasury. The bill also would require the Secretary to identify priority areas on federal lands for the development of geothermal and wind energy.
CBO estimates that enacting the bill would increase direct spending by $415 million over the 2018-2027 period; therefore, pay-as-you-go procedures apply. Enacting the bill would not affect revenues. In addition, CBO estimates that implementing H.R. 825 would cost $5 million over the 2018-2022 period; such spending would be subject to the availability of appropriated funds.
CBO estimates that enacting H.R. 825 would not increase net direct spending or on-budget deficits by more than $5 billion in any of the four consecutive 10-year periods beginning in 2028.
H.R. 825 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.
