H.R. 1984 would require the Office of Management and Budget (OMB) to prepare an annual report on federal disaster-related assistance for the Congress and to post it online. The report would include budgetary information such as obligations by agency and account; spending for each disaster; assistance for each type of disaster; spending for response, recovery, and mitigation; and how much spending was for loans and grants.
Under current law, OMB reports annually on disaster spending pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985. H.R. 1984 would expand that report. Using information from OMB, CBO estimates that preparing the more comprehensive report would cost less than $500,000 annually.