S. 3510 would require the Office of Management and Budget to provide guidance to federal agencies on incorporating natural disaster resilience into asset management and investment decisions. CBO estimates that enacting S. 3510 would have an insignificant effect on direct spending and no effect on revenues over the 2023-2032 period. CBO has not estimated the discretionary costs of implementing the legislation. The legislation contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.
