H.R.7399 - Smarter Purchasing Act116th Congress (2019-2020)
|Sponsor:||Rep. Beyer, Donald S., Jr. [D-VA-8] (Introduced 06/29/2020)|
|Committees:||House - Oversight and Reform|
|Latest Action:||House - 06/29/2020 Referred to the House Committee on Oversight and Reform. (All Actions)|
This bill has the status Introduced
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Summary: H.R.7399 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (06/29/2020)
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.