EQUIP Act of 2024

Bill: 118-hr-8616
Sponsor: full_name: Rep. Perry, Scott [R-PA-10]
Introduced: 2024-06-04
Policy area: Emergency Management
Subjects: Disaster relief and insurance

Intergovernmental relations

Presidents and presidential powers, Vice Presidents

State and local finance
Latest action: action_date: 2024-12-19
text: Placed on the Union Calendar, Calendar No. 762.

Summaries:

tv_txt: IB Union Calendar No. 762 118th CONGRESS 2d Session H. R. 8616 [Report No. 118–932] IN THE HOUSE OF REPRESENTATIVES June 4, 2024 Mr. Perry introduced the following bill; which was referred to the Committee on Transportation and Infrastructure December 19, 2024 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed A BILL To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to require the President to establish a disaster deductible for each State to offset the amount provided to such State in response to a major disaster, and for other purposes.

1. Short title This Act may be cited as the Ensuring Quality Investments in Preparedness Act of 2024 or the EQUIP Act of 2024 . 2. Disaster deductible The Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5121 et seq. ) is amended by adding at the end the following: VIII DISASTER DEDUCTIBLE 801. Establishment of disaster deductible (a) In general The President, in consultation with State and local governments and other stakeholders, shall establish a major disaster deductible for each State in an amount calculated under this title that offsets any amount received by a State under section 406 for permanent work (referred to by the Administrator of the Federal Emergency Management Agency as category C through G). (b) Calculation of deductible (1) In general Beginning with respect to calendar year 2025, and annually thereafter, the President shall calculate the amount of the major disaster deductible of each State. (2) Base amount The President shall establish a base amount by multiplying the population of the State determined by the most recent American Community Survey carried out by the Bureau of the Census by a factor of 3. (3) Adjustment In calculating such deductible, the President shall— (A) use the base amount established under paragraph (2); and (B) increase the amount of the deductible, as determined appropriate, by taking into consideration the amount of Federal financial assistance provided to a State under this Act in response to a major disaster declared under section 401 in the 3 years preceding the year for which the calculation applies. (c) Specified insurance defined In this section, the term specified insurance means— (1) insurance required under section 311; and (2) insurance under section 406(d). 802. Application of Federal share (a) Statutory construction Nothing in this title may be construed to affect the amount of the Federal share of funds required under this Act. (b) Nonqualification of State or local share towards disaster deductible Any funds used or expenditures made by a State or local governments to meet non-Federal share requirements under this Act may not be calculated towards the disaster deductible required by this title. .

December 19, 2024 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: I 118th CONGRESS 2d Session H. R. 8616 IN THE HOUSE OF REPRESENTATIVES June 4, 2024 Mr. Perry introduced the following bill; which was referred to the Committee on Transportation and Infrastructure A BILL To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to require the President to establish a disaster deductible for each State to offset the amount provided to such State in response to a major disaster, and for other purposes.

1. Short title This Act may be cited as the Ensuring Quality Investments in Preparedness Act of 2024 or the EQUIP Act of 2024 . 2. Disaster deductible The Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5121 et seq. ) is amended by adding at the end the following: VIII DISASTER DEDUCTIBLE 801. Establishment of disaster deductible (a) In general The President, in consultation with State and local governments and other stakeholders, shall establish a major disaster deductible for each State in an amount calculated under this title that offsets any amount received by a State under section 406 for permanent work (referred to by the Administrator of the Federal Emergency Management Agency as category C through G). (b) Calculation of deductible (1) In general Beginning with respect to calendar year 2025, and annually thereafter, the President shall calculate the amount of the major disaster deductible of each State. (2) Base amount The President shall establish a base amount by multiplying the population of the State determined by the most recent American Community Survey carried out by the Bureau of the Census by a factor of 3. (3) Adjustment In calculating such deductible, the President shall— (A) use the base amount established under paragraph (2); and (B) increase the amount of the deductible, as determined appropriate, by taking into consideration the amount of Federal financial assistance provided to a State under this Act in response to a major disaster declared under section 401 in the 3 years preceding the year for which the calculation applies. (c) Specified insurance defined In this section, the term specified insurance means— (1) insurance required under section 311; and (2) insurance under section 406(d). 802. Application of Federal share (a) Statutory construction Nothing in this title may be construed to affect the amount of the Federal share of funds required under this Act. (b) Nonqualification of State or local share towards disaster deductible Any funds used or expenditures made by a State or local governments to meet non-Federal share requirements under this Act may not be calculated towards the disaster deductible required by this title. .