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H.R. 4007, Chemical Facilities Anti-Terrorism Standards Program Authorization and Accountability Act of 2014 1 (May 30, 2014)

handle is hein.congrec/cbo1661 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE May 30, 2014 H.R. 4007 Chemical Facilities Anti-Terrorism Standards Program Authorization and Accountability Act of 2014 As ordered reported by the House Committee on Homeland Security on April 30, 2014 H.R. 4007 would make permanent the Department of Homeland Security's (DHS's) authority to regulate security at certain chemical facilities in the United States. Under the Chemical Facility Anti-Terrorism Standards (CFATS) program, DHS collects and reviews information from chemical facilities in the United States to determine which facilities present security risks. Facilities determined to present a high level of security risk are then required to develop a Site Security Plan (SSP). DHS in turn conducts inspections to validate the adequacy of a facility's SSP and their compliance with it. The program is set to end on October 4, 2014. H.R. 4007 would authorize appropriations of slightly more than $87 million annually for the CFATS program over the 2015-2017 period. That program received $81 million in 2014. Based on the proposed authorization level for the 2015-2017 period and adjusting for inflation, CBO estimates that the continued implementation of CFATS would require appropriations of $90 million in 2018 and $93 million in 2019. Assuming appropriation of the authorized and estimated amounts, CBO estimates that implementing H.R. 4007 would cost $427 million over the 2015-2019 period. By Fiscal Year, in Millions of Dollars 2015- 2015 2016 2017 2018 2019 2019 CHANGES IN SPENDING SUBJECT TO APPROPRIATION Estimated Authorization Level 87 87 87 90 93 445 Estimated Outlays 46 76 98 102 105 427 Note: Numbers do not add to totals because of rounding.

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