Flood Control Act of 1939

Flood Control Act of 1939 (FCA 1939) (ch. 699, 53 Stat. 1414), enacted on August 11, 1939, by the 76th Congress, authorized construction of flood control projects across the United States. The Act authorized the transfer of ownership of local and state dams to the United States Army Corps of Engineers. The Act was also instrumental in establishing the Federal policy of cost-benefit analysis, the standard by which the government determines whether or not a project provides sufficient benefits to justify the cost of expending public funds. It specified the standard that "the benefits to whomever they accrue [be] in excess of the estimated costs.