ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 3181: Predisaster Mitigation Program Reauthorization Act of 2003   [open pdf - 13KB]

"H.R. 3181 would authorize the Federal Emergency Management Agency (FEMA), within the Department of Homeland Security, to provide grants to states and localities for predisaster mitigation programs such as constructing levies, relocating homes from flood plains, and retrofitting buildings in earthquake areas. Under current law, authority for this program expires on December 31, 2003. The bill would extend the authorization for the predisaster mitigation program until September 30, 2006. CBO estimates that implementing H.R. 3181 would cost $280 million over the 2004-2008 period, assuming appropriation of the necessary amounts. Enacting H.R. 3181 would have no impact on direct spending or revenues. H.R. 3181 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act (UMRA) and would benefit state, local, and tribal governments."

Publisher:
Date:
2003-10-21
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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