On the recordDecember 1, 2015
Mr. President, in compliance with paragraph 11(a) of rule XXVI of the Standing Rules of the Senate, the Committee on Energy and Natural Resources has obtained from the Congressional Budget Office an estimate of the costs of S. 2012, the Energy Policy Modernization Act of 2012, as reported from the committee. I respectfully ask unanimous consent that the summary of the opinion of the Congressional Budget Office be printed in the Congressional Record. The full estimate is available on CBO's Web site www.cbo.gov. There being no objection, the material was ordered to be printed in the Record, as follows: Congressional Budget Office Cost Estimate S. 2012--Energy Policy Modernization Act of 2015 (October 15, 2015) Summary: S. 2012 would amend current law and authorize appropriations for a variety of activities and programs administered primarily by the Department of Energy (DOE). The legislation also would: Expand and extend federal agencies' authority to use certain types of long-term contracts to invest in energy conservation measures and related services; Specify various energy-related goals and requirements for federal agencies; Modify DOE's authority to guarantee loans under Title 17 of the Energy Policy Act of 2005; and Establish a pilot program to streamline the review and approval of applications for permits to drill for oil and gas on federal lands. Assuming appropriation of amounts specifically authorized and estimated to be necessary under S.…
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