As reported by the House Committee on Science, Space, and Technology on May 23, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
0
*
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 7685 largely would codify activities of the Department of Energy (DOE) related to research, development, and demonstration projects for producing cement, concrete, and asphalt with low emissions. In 2023 (the most recent year for which information is available), DOE allocated about $40 million to those activities.
In addition, the bill would require DOE to develop strategic plans and report to the Congress every two years on the department’s efforts to decarbonize the cement, concrete, and asphalt industries. Based on the cost of similar activities, CBO estimates that implementing those new requirements would cost less than $500,000 over the 2024-2029 period; any related spending would be subject to the availability of appropriated funds.