"S. 546 [Railroad Emergency Services Preparedness, Operational Needs, and Safety Evaluation (RESPONSE) Act of 2016] would establish the Railroad Emergency Services subcommittee under the Federal Emergency Management Agency's (FEMA's) National Advisory Council (NAC). The act would direct the subcommittee to evaluate several aspects of the ability of emergency personnel to respond to hazardous materials incidents involving trains. S. 546 would require the subcommittee to provide recommendations to the NAC on methods to improve response to such incidents within one year of enactment of S. 546. Under the legislation, the subcommittee would terminate within nine months of submitting the recommendations to the NAC. Subsequently, the act also would require FEMA to provide to the Congress a report detailing the implementation of those recommendations in each of the following two years."
Congressional Budget Office: https://www.cbo.gov/