H.R. 5865, American Manufacturing Competitiveness Act of 2012

Cost Estimate
June 25, 2012

As ordered reported by the House Committee on Energy and Commerce on June 20, 2012

H.R. 5865 would establish the American Manufacturing Competitiveness Board within the Department of Commerce to advise the President on issues affecting manufacturing in the United States. The board would be required to perform a comprehensive analysis of the nation’s manufacturing sector and, using results from the analysis, develop a strategy to improve the competitiveness of domestic manufacturing efforts. Results from the analysis and strategy would be available to the President to comply with the bill’s requirement to publish a strategy in 2014 and again in 2018 to promote growth in the nation’s manufacturing sector.

Based on information from the Department of Commerce, CBO estimates that implementing H.R. 5865 would cost about $15 million over the 2013-2017 period, assuming appropriation of the necessary amounts. Enacting H.R. 5865 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

H.R. 5865 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would impose no costs on state, local, or tribal governments.