Congressional Budget Office Cost Estimate: H.R. 3980: Redundancy Elimination and Enhanced Performance for Preparedness Grants Act [August 4, 2010] [open pdf - 12KB]
"H.R. 3980 would authorize the appropriation of whatever amounts are necessary for the Federal Emergency Management Agency (FEMA) to develop plans to eliminate redundant rules, regulations, and reporting requirements for certain grant programs, including the State Homeland Security Grant Program and the Urban Area Security Initiative, and to develop performance metrics to assess the effectiveness of those programs. Under the legislation FEMA would submit an initial report to the Congress no later than 90 days after enactment and would provide status updates within one year of transmission and every two years thereafter. The act also would direct FEMA to enter into an agreement with the National Academy of Public Administration to review the implementation of the plans required under this act and to provide recommendations to the Congress after one year."
Congressional Budget Office: http://cbo.gov/