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H.R. 1786, National Windstorm Impact Reduction Act Reauthorization of 2014 1 (March 6, 2014)

handle is hein.congrec/cbo1493 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE March 6, 2014 H.R. 1786 National Windstorm Impact Reduction Act Reauthorization of 2014 As ordered reported by the House Committee on Science, Space, and Technology on February 28, 2014 SUMMARY H.R. 1786 would reauthorize the National Windstorm Impact Reduction Program, which was created to improve the understanding of windstorms and their impacts and to develop measures to reduce the damage they cause. The bill also would establish new committees to coordinate the activities of federal agencies participating in the program and to assess developments in efforts to mitigate damage from windstorms. Assuming appropriation of the authorized amounts, CBO estimates that implementing H.R. 1786 would cost $21 million over the 2015-2019 period. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues. H.R. 1786 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would not affect the budgets of state, local, or tribal governments. ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary impact of H.R. 1786 is shown in the following table. The costs of this legislation fall within budget functions 250 (general science, space, and technology), 300 (natural resources and environment), 370 (commerce and housing credit), and 450 (community and regional development).

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