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H.R. 5556, Environmental Compliance Cost Transparency Act of 2018 (CBO Report for Congress)

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Congress 115th
Date Requested July 18, 2018
Requested By House Committee on Natural Resources
Date Sent Sept. 13, 2018
Description:
Four federal power marketing administrations (PMAs) within the Department of Energy—the Bonneville Power Administration (BPA), Southeastern Power Administration, Southwestern Power Administration, and Western Area Power Administration—sell electricity produced at federal hydroelectric and other power facilities to wholesale customers in western and southeastern states. H.R. 5556 would direct those PMAs to provide customers with certain information each month.   CBO estimates that implementing the bill would cost $10 million over the 2019-2023 bill period, assuming appropriation of the necessary amounts.   Enacting H.R. 5556 would increase direct spending by BPA; therefore, pay-as-you go procedures apply. However, CBO estimates that the net effect on direct spending would be negligible. The bill would not affect revenues.   CBO estimates that enacting H.R. 5556 would not significantly increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029.   H.R. 5556 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

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