ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 6109: Pre-Disaster Mitigation Act of 2008   [open pdf - 18KB]

This is a CBO cost estimate for H.R. 6109, which "would authorize appropriations to the Federal Emergency Management Agency [FEMA] for grants to states and localities for pre-disaster mitigation programs such as constructing levies, relocating homes from flood-prone areas, and retrofitting buildings in areas prone to earthquakes. CBO estimates that implementing H.R. 6109 would cost $700 million over the 2009-2013 period and $50 million after 2013, assuming appropriation of the specified amounts. Enacting H.R. 6109 would not affect direct spending or revenues." Furthermore, "under current law, FEMA is authorized through 2008 to provide grants to states and localities to help prevent damage in areas frequented by disasters. H.R. 6109 would extend this authority through 2011 and authorize the appropriation of $250 million per year over the 2009-2011 period, an increase of $136 million over the 2008 appropriation level of $114 million [see Public Law 110-161]. CBO's estimate of spending is based on historical spending patterns for such grants."

Publisher:
Date:
2008-06-05
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov
Format:
pdf
Media Type:
application/pdf
URL:
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