House Bill 7399
116th Congress(2019-2020)
Smarter Purchasing Act
Introduced
Introduced in House on Jun 29, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7399
Congress
116
Policy Area
Environmental Protection
Environmental Protection
Primary focus of measure is regulation of pollution including from hazardous substances and radioactive releases; climate change and greenhouse gases; environmental assessment and research; solid waste and recycling; ecology. Measures concerning energy exploration, efficiency, and conservation may fall under Energy policy area.
No House votes have been held for this bill.
Summary
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.
June 29, 2020
06/29/2020
Referred to the House Committee on Oversight and Reform.
06/29/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:54:46 PM