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H.R. 1684, Disaster Assistance Support for Communities and Homeowners Act of 2017 1 (June 27, 2017)

handle is hein.congrec/cbo3586 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 27, 2017 H.R. 1684 Disaster Assistance Support for Communities and Homeowners Act of 2017 As passed by the House of Representatives on June 26, 2017 H.R. 1684 would require the Federal Emergency Management Agency (FEMA) to provide technical assistance to community, homeowner, and similar associations. FEMA would be required to help such associations take actions after a disaster that would make them eligible to receive reimbursement from entities that receive FEMA grants. This legislation also would require FEMA to submit a report to the Congress on expanding the areas of condominiums and housing cooperatives that are eligible for federal disaster relief. Based on information provided by FEMA, about the cost to collect information necessary to complete the report, CBO estimates that implementing H.R. 1684 would cost $1 million in 2018; such spending would be subject to the availability of appropriated funds. Enacting H.R. 1684 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 1684 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2028. H.R. 1684 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. The CBO staff contacts for this estimate are Meghan Shewsbury and Robert Reese. The estimate was approved by Theresa Gullo, Assistant Director for Budget Analysis.

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