As ordered reported by the Senate Committee on Environment and Public Works on February 6, 2014
H.R. 724 would repeal a requirement under the Clean Air Act (CAA) that automobile dealers provide purchasers of new light-duty motor vehicles with a certificate that indicates the vehicle conforms to federal emissions standards. The certificate also indicates the purchaser’s right to have the manufacturer fix the vehicle if it does not comply with emission standards.
According to the Environmental Protection Agency, other provisions of the CAA ensure that all new vehicles offered for sale comply with the act. Thus, CBO estimates that repealing this requirement would have no impact on the federal budget. Enacting H.R. 724 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
H.R. 724 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.
On December 19, 2013, CBO transmitted a cost estimate for H.R. 724, as ordered reported by the House Committee on Energy and Commerce on December 11, 2013. The two versions of the legislation are identical, and the CBO cost estimates are the same.