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S. 3041, Disaster Recovery Reform Act of 2018 (CBO Report for Congress)

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Congress 115th
Date Requested June 13, 2018
Requested By Senate Committee on Homeland Security and Governmental Affairs
Date Sent Sept. 27, 2018
Description:
S. 3041 would amend and authorize appropriations for several programs administered by the Federal Emergency Management Agency (FEMA). CBO estimates that implementing the bill would cost $2.4 billion over the 2019-2023 period, assuming appropriation of the authorized and necessary amounts. CBO estimates that enacting S. 3041 would increase direct spending by $45 million over the 2019-2028 period and would decrease revenues by an insignificant amount in each year. Therefore, pay-as-you-go procedures apply. CBO estimates that enacting S. 3041 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2029. S. 3041 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.

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