H.R. 3479, Natural Hazards Risk Reduction Act of 2011

July 20, 2012
Cost Estimate


As ordered reported by the House Committee on Science, Space, and Technology on December 1, 2011

H.R. 3479 would reauthorize federal programs aimed at developing methods to reduce damage caused by earthquakes and windstorms. The bill also would reauthorize an interagency advisory committee to coordinate those programs. Assuming appropriation of the authorized and necessary amounts, CBO estimates that implementing the legislation would cost $285 million over the 2012-2017 period and $10 million after 2017. Enacting H.R. 3479 would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

H.R. 3479 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would impose no costs on state, local, or tribal governments.