H.R. 2872 would establish a working group with members from federal agencies, states, and tribes to create and implement a national strategy concerning climate change and report to the Congress on its activities. The bill also would create a new center and advisory committee to support the working group’s mission by developing scientific information, tools, and strategies. Additionally, the bill would require states that receive grants to update their conservation plans every four years for review by the Departments of Commerce and the Interior.
Using information about similar entities and activities, CBO estimates that creating the working group and national strategy would cost less than $500,000 annually, totaling $1 million over the 2023-2027 period. The required reports, the advisory committee, and administrative activities would cost about $500,000 annually, totaling about $4 million over the 2023-2027 period. CBO estimates that implementing the bill’s other provisions would have no significant cost. In particular, the mission of the proposed new center is similar to the mission of the existing Climate Adaptation Center; thus, CBO expects that there would be no significant cost to implementing that provision.
In total, CBO estimates that implementing the bill would cost about $1 million annually and $5 million over the 2023-2027 period; any spending would be subject to the availability of appropriated funds.
