STORM Act

Bill: 116-s-3418
Sponsor: Sen. Peters, Gary C. [D-MI]
Introduced: 2020-03-09 in the Senate
Policy area: Emergency Management
Subjects: Accounting and auditing
Administrative law and regulatory procedures
American Samoa
Atmospheric science and weather
Caribbean area
Disaster relief and insurance
Emergency planning and evacuation
Environmental assessment, monitoring, research
Fires
Floods and storm protection
Government information and archives
Government lending and loan guarantees
Guam
Hazardous wastes and toxic substances
Infrastructure development
Interest, dividends, interest rates
Lakes and rivers
Land use and conservation
Marine and coastal resources, fisheries
Natural disasters
Northern Mariana Islands
Roads and highways
Seashores and lakeshores
State and local finance
State and local government operations
Virgin Islands
Watersheds

Summary:
action_date: 2020-03-09
text: 

Safeguarding Tomorrow through Ongoing Risk Mitigation Act of 2020 or the STORM Act

 
This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.
 
 Such funds shall provide funding assistance to local governments to carry out projects to reduce disaster risk in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.
 
FEMA shall not be liable for any claim based on the exercise or performance of, or the failure to exercise or perform, a discretionary function or duty by FEMA or by a FEMA employee in carrying out this bill.

action_date: 2020-08-10
text: 

Safeguarding Tomorrow through Ongoing Risk Mitigation Act of 2020 or the STORM Act

 
This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.
 
 Such funds shall provide funding assistance to local governments to carry out projects to reduce disaster risk in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.
 
FEMA shall not be liable for any claim based on the exercise or performance of, or the failure to exercise or perform, a discretionary function or duty by FEMA or by a FEMA employee in carrying out this bill.

action_date: 2020-12-09
text: 

Safeguarding Tomorrow through Ongoing Risk Mitigation Act or the STORM Act

 
This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.
 
 Such funds shall provide funding assistance to local governments to carry out projects to reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.
 
Until FEMA issues final regulations to implement provisions of this bill, it may (1) waive notice and comment rulemakings if necessary, and (2) provide capitalization grants as a pilot program.
 
FEMA shall not be liable for any claim based on the exercise or performance of, or the failure to exercise or perform, a discretionary function or duty by FEMA or by a FEMA employee in carrying out this bill.
 
The Government Accountability Office shall report to Congress, examining (1) the appropriateness of regulations and guidance issued by FEMA for the program; (2) a description of the number of the entity loan funds established, the projects funded from such entity loan funds, and the extent to which projects funded by the loan funds adhere to any applicable hazard mitigation plans; (3) the effectiveness of the entity loan funds to lower disaster related costs; and (4) recommendations for improving the administration of entity loan funds.

action_date: 2020-12-18
text: 

Safeguarding Tomorrow through Ongoing Risk Mitigation Act or the STORM Act

 
This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.
 
 Such funds shall provide funding assistance to local governments to carry out projects to reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.
 
Until FEMA issues final regulations to implement provisions of this bill, it may (1) waive notice and comment rulemakings if necessary, and (2) provide capitalization grants as a pilot program.
 
FEMA shall not be liable for any claim based on the exercise or performance of, or the failure to exercise or perform, a discretionary function or duty by FEMA or by a FEMA employee in carrying out this bill.
 
The Government Accountability Office shall report to Congress, examining (1) the appropriateness of regulations and guidance issued by FEMA for the program; (2) a description of the number of the entity loan funds established, the projects funded from such entity loan funds, and the extent to which projects funded by the loan funds adhere to any applicable hazard mitigation plans; (3) the effectiveness of the entity loan funds to lower disaster related costs; and (4) recommendations for improving the administration of entity loan funds.

action_date: 2021-01-01
text: 

Safeguarding Tomorrow through Ongoing Risk Mitigation Act or the STORM Act

 
This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.
 
 Such funds shall provide funding assistance to local governments to carry out projects to reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.
 
Until FEMA issues final regulations to implement provisions of this bill, it may (1) waive notice and comment rulemakings if necessary, and (2) provide capitalization grants as a pilot program.
 
FEMA shall not be liable for any claim based on the exercise or performance of, or the failure to exercise or perform, a discretionary function or duty by FEMA or by a FEMA employee in carrying out this bill.
 
The Government Accountability Office shall report to Congress, examining (1) the appropriateness of regulations and guidance issued by FEMA for the program; (2) a description of the number of the entity loan funds established, the projects funded from such entity loan funds, and the extent to which projects funded by the loan funds adhere to any applicable hazard mitigation plans; (3) the effectiveness of the entity loan funds to lower disaster related costs; and (4) recommendations for improving the administration of entity loan funds.


Legislative actions:
action_date: 2021-01-01
text: Became Public Law No: 116-284.
action_date: 2021-01-01
text: Became Public Law No: 116-284.
action_date: 2021-01-01
text: Signed by President.
action_date: 2021-01-01
text: Signed by President.
action_date: 2020-12-21
text: Presented to President.
action_date: 2020-12-21
text: Presented to President.
action_date: 2020-12-18
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2020-12-18
text: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H7264-7266)
action_date: 2020-12-18
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
action_date: 2020-12-18
text: DEBATE - The House proceeded with forty minutes of debate on S. 3418.
action_date: 2020-12-18
text: Considered under suspension of the rules. (consideration: CR H7264-7268)
action_date: 2020-12-18
text: Ms. Norton moved to suspend the rules and pass the bill.
action_date: 2020-12-14
text: Held at the desk.
action_date: 2020-12-14
text: Received in the House.
action_date: 2020-12-10
text: Message on Senate action sent to the House.
action_date: 2020-12-09
text: Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S7370-7372)
action_date: 2020-12-09
text: Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
action_date: 2020-12-09
text: The committee amendments withdrawn by Unanimous Consent. (text: CR S7375-7377)
action_date: 2020-12-09
text: Measure laid before Senate by unanimous consent. (consideration: CR S7375-7377)
action_date: 2020-08-10
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 511.
action_date: 2020-08-10
text: Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with amendments. With written report No. 116-249.
action_date: 2020-08-10
text: Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with amendments. With written report No. 116-249.
action_date: 2020-03-11
text: Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
action_date: 2020-03-09
text: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
action_date: 2020-03-09
text: Introduced in Senate

Enacted as: number: 116-284