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1 S. 3041, Disaster Recovery Reform Act of 2018 1 (September 27, 2018)

handle is hein.congrec/cbodrcvr0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE September 27, 2018 SUMMARY S. 3041 would amend and authorize appropriations for several programs administered by the Federal Emergency Management Agency (FEMA). CBO estimates that implementing the bill would cost $2.4 billion over the 2019-2023 period, assuming appropriation of the authorized and necessary amounts. CBO estimates that enacting S. 3041 would increase direct spending by $45 million over the 2019-2028 period and would decrease revenues by an insignificant amount in each year. Therefore, pay-as-you-go procedures apply. CBO estimates that enacting S. 3041 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. S. 3041 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA). ESTIMATED COST TO THE FEDERAL GOVERNMENT The estimated budgetary effect of S. 3041 is shown in the following table. The costs of the legislation fall within budget function 450 (community and regional development). a S. 3041 Disaster Recovery Reform Act of 2018 As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on June 13, 2018

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