S. 1730, a bill to direct the Administrator of the National Oceanic and Atmospheric Administration to make grants to State and local governments and nongovernmental organizations for purposes of carrying out climate-resilient living shoreline projects tha
Cost Estimate
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 22, 2020
S. 1730 would amend the National Sea Grant College Act and the Coastal Zone Management Act of 1972 to authorize the appropriation of $50 million annually over the 2021-2024 period for the National Oceanic and Atmospheric Administration to provide grants to states and university partners to research, design, and implement projects that restore or stabilize shorelines using nature-based approaches.
Using historical spending patterns for similar grant programs, CBO estimates that implementing S. 1730 would cost $174 million over the 2021-2025 period and $26 million after 2025, assuming appropriation of the authorized amounts.
The costs of the legislation, detailed in Table 1, fall within budget function 300 (natural resources and environment).