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
Cost Estimate
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.