I 
118TH CONGRESS 
2D SESSION H. R. 10088 
To appropriate certain amounts to provide assistance under the Robert T. 
Stafford Disaster Relief and Emergency Assistance Act, to rescind cer-
tain unobligated balances, and to establish additional new markets tax 
credit for low-income communities affected by Hurricanes Helene and 
Milton, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
NOVEMBER 1, 2024 
Ms. FOXX (for herself, Mr. DUNN of Florida, and Mr. GRIFFITH) introduced 
the following bill; which was referred to the Committee on Transportation 
and Infrastructure, and in addition to the Committees on Appropriations, 
Ways and Means, Financial Services, and Small Business, for a period 
to be subsequently determined by the Speaker, in each case for consider-
ation of such provisions as fall within the jurisdiction of the committee 
concerned 
A BILL 
To appropriate certain amounts to provide assistance under 
the Robert T. Stafford Disaster Relief and Emergency 
Assistance Act, to rescind certain unobligated balances, 
and to establish additional new markets tax credit for 
low-income communities affected by Hurricanes Helene 
and Milton, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Helene Recovery Sup-
port Act’’. 
SEC. 2. APPROPRIATIONS FOR DISASTER RELIEF FUND. 
In addition to amounts otherwise available, there is 
appropriated, out of any money in the Treasury not other-
wise appropriated, $12,500,000,000 to the Administrator 
of the Federal Emergency Management Agency to provide 
assistance under the Robert T. Stafford Disaster Relief 
and Emergency Assistance Act (42 U.S.C. 5121 et seq.) 
in response to areas affected by an emergency or major 
disaster declared under such Act. 
SEC. 3. RESCISSION OF FUNDS. 
Of the unobligated balances made available to the 
Pension Benefit Guaranty Corporation, $15,000,000,000 
are rescinded. 
SEC. 4. ECONOMIC INJURY DISASTER LOANS. 
In addition to amounts otherwise available, there is 
appropriated, out of any money in the Treasury not other-
wise appropriated, $1,500,000,000 to the Administrator 
of the Small Business Administration to make or guar-
antee loans under section 7(b) of the Small Business Act 
(15 U.S.C. 636(b)) to persons located in areas affected 
by an emergency or major disaster declared under the 
Robert T. Stafford Disaster Relief and Economic Assist-
ance Act (42 U.S.C. 5121 et seq.). 
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SEC. 5. ADDITIONAL NEW MARKETS TAX CREDIT FOR LOW- 
INCOME COMMUNITIES AFFECTED BY HURRI-
CANES HELENE AND MILTON. 
(a) IN GENERAL.—For purposes of section 45D of 
the Internal Revenue Code of 1986, there is an additional 
new 
markets 
tax 
credit 
limitation 
amount 
of 
$1,000,000,000 for calendar year 2024. 
(b) RESTRICTION
TO LOW-INCOME COMMUNITIES 
AFFECTED BY HURRICANES HELENE AND MILTON.—The 
additional limitation amount under subsection (a) shall be 
allocated by the Secretary of the Treasury (or the Sec-
retary’s delegate) under section 45D(f)(2) of such Code 
only for use with respect to that portion of any low-income 
community which is located in any area— 
(1) with respect to which a major disaster has 
been declared by the President (before the date of 
the enactment of this Act) under section 401 of the 
Robert T. Stafford Disaster Relief and Emergency 
Assistance Act by reason of Hurricane Helene or 
Hurricane Milton, and 
(2) which has been determined by the President 
to warrant individual or individual and public assist-
ance from the Federal Government under such Act 
by reason of such hurricanes. 
(c) CARRYOVER
OF UNUSED LIMITATION.—Para-
graph (3) of section 45D(f) of such Code shall be applied 
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separately with respect to the additional limitation amount 
under subsection (a) and the requirement of subsection 
(b) shall continue to apply to any such additional limita-
tion amount carried forward under such paragraph. 
SEC. 6. TERMINATION. 
Beginning on the date of the enactment of this Act, 
no Federal funds are authorized to be appropriated or oth-
erwise made available to the Shelter and Services Program 
of the Federal Emergency Management Agency, as in ef-
fect on the day before such date of enactment, or to any 
successor or similar program. 
SEC. 7. TRANSFER OF APPROPRIATIONS. 
The unobligated balances of all amounts appropriated 
or otherwise made available to the Shelter and Services 
Program of the Federal Emergency Management Agency 
as of the day before the date of the enactment of this Act 
shall be transferred to and merged with amounts other-
wise made available for necessary expenses to carry out 
the Robert T. Stafford Disaster Relief and Emergency As-
sistance Act (42 U.S.C. 5121 et seq.). 
Æ 
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