Congressional Budget Office Cost Estimate: H.R. 5316, Restoring Emergency Services to Protect Our Nation from Disasters Act of 2006   [open pdf - 37KB]

This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Transportation and Infrastructure on May 17, 2006. From the Summary: "H.R. 5316 would remove the Federal Emergency Management Agency (FEMA) from the Department of Homeland Security (DHS) and make it a cabinet-level agency reporting directly to the President of the United States. FEMA had a similar status prior to the formation of DHS in 2003. Under the bill, DHS's responsibilities for ensuring the nation is prepared to respond to man-made and natural disasters would be transferred to FEMA. The bill also would authorize FEMA to coordinate an all-hazards emergency management system that includes federal government activities related to preparedness, response, recovery, and mitigation for terrorism, natural disasters, and other emergencies. [...] Assuming appropriation of the necessary and specified amounts, CBO estimates that implementing H.R. 5316 would cost about $1.1 billion over the 2007-2011 period. Enacting this legislation would not affect direct spending or revenues."

Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Media Type:
Help with citations