Smarter Purchasing Act

Hozzl · 2022-02-08T23:54:46Z

Explore the details of House Bill 7399 Smarter Purchasing Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Environmental Protection. Stay informed on legislative developments.

2/8/2022, 11:54 PM

Congressional Summary of HR 7399

Smarter Purchasing Act

This bill requires the Environmental Protection Agency (EPA) to conduct a study and report on whether it is feasible for agencies to factor in the shadow price of carbon in their internal decision-making processes for procurement, acquisitions, contracting, and other investments. The shadow price of carbon means the hypothetical surcharge to market prices for goods or services that involve significant carbon dioxide emissions in their supply chain.

The EPA must make the final report available to the public.

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Current Status of Bill HR 7399

Bill HR 7399 is currently in the status of Bill Introduced since June 29, 2020. Bill HR 7399 was introduced during Congress 116 and was introduced to the House on June 29, 2020. Bill HR 7399's most recent activity was Referred to the House Committee on Oversight and Reform. as of June 29, 2020

Bipartisan Support of Bill HR 7399

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7399

Primary Policy Focus

Environmental Protection

Potential Impact Areas

- Air quality

- Climate change and greenhouse gases

- Congressional oversight

- Government information and archives

- Government studies and investigations

- Inflation and prices

- Public contracts and procurement

Alternate Title(s) of Bill HR 7399

Smarter Purchasing Act

To require the Administrator of the Environmental Protection Agency to conduct a feasibility study regarding the use of the shadow price of carbon in Federal spending decisions to take into account the resulting carbon dioxide emissions, and for other purposes.

Smarter Purchasing Act