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1 H.R. 4177, PREPARE Act of 2017, April 17, 2018 1 (April 17, 2018)

handle is hein.congrec/cbomayu0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE a COST ESTIMATE April 17, 2018 H.R. 4177 PREPARE Act of 2017 As ordered reported by the House Committee on Transportation and Infrastructure on April 12, 2018 SUMMARY H.R. 4177 would: * Authorize the establishment of an interagency council to provide recommendations on and best practices for planning and preparing for extreme weather; * Direct agencies to incorporate extreme weather plans into their operations and mission objectives; and * Require agencies to include their most recent extreme weather plans in their performance plans. CBO estimates that implementing H.R. 4177 would cost $12 million over the 2019-2023 period, assuming appropriation of the necessary amounts. Enacting H.R. 4177 could affect direct spending by some agencies because they are authorized to use receipts from the sale of goods, fees, and other collections to cover operating costs. Therefore, pay-as-you go procedures apply. Because most agencies can make adjustments to the accounts collected as operating cost change, CBO estimates that any net changes in direct spending by those agencies would be negligible. Enacting the bill would not affect revenues. CBO estimates that enacting H.R. 4177 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. H.R. 4177 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA).

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