US SB1512 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on June 29 2017 - 25% progression, died in committee
Action: 2017-06-29 - Read twice and referred to the Committee on Environment and Public Works.
Pending: Senate Environment And Public Works Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Transparency and Honesty in Energy Regulations Act of 2017 This bill prohibits the Department of Energy, the Environmental Protection Agency (EPA), the Department of the Interior, the Department of Transportation, and the Council on Environmental Quality from considering the social cost of carbon, methane, nitrous oxide, or greenhouse gas as part of any cost benefit analysis in the rule making process, unless a federal law is enacted authorizing such consideration. They may also consider those social costs if they use an estimate that: (1) complies with the requirements of the "Circular A-4" document of the Office of Management and Budget (OMB), (2) uses only the discount rates specified in that document, (3) considers only the domestic costs and benefits of the activity, and (4) has been reviewed by the OMB for compliance with the circular A-4 document and consistency across federal agencies. The EPA must report on the number of proposed and final rulemakings, guidance documents, and agency actions since January 2009 that use those social costs, including as part of any cost benefit analysis required under Executive Order 12866 or other relevant authority.

Tracking Information

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Title

Transparency and Honesty in Energy Regulations Act of 2017

Sponsors


History

DateChamberAction
2017-06-29SenateRead twice and referred to the Committee on Environment and Public Works.

Same As/Similar To

HB3117 (Related) 2018-11-02 - Reported (Amended) by the Committee on Natural Resources. H. Rept. 115-999, Part I.

Subjects


US Congress State Sources


Bill Comments

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