H.R. 5892 would authorize the Army Corps of Engineers to conduct about 240 new studies to determine the feasibility of specific projects. Those individual projects are related to reducing damage from floods, protecting streambanks and shorelines, improving navigation, restoring aquatic ecosystems, controlling aquatic plants, and conserving water. The bill also would authorize the Corps to participate in the construction of several new projects as well as increase the federal cost-share for about 30 construction and resource projects authorized in previous legislation. Assuming appropriation of the necessary funds, CBO estimates that implementing H.R. 5892 would cost $1.3 billion over the 2011-2015 period and an additional $2.2 billion in the decade following 2015. Read full CBO Doc Here
