,i #aae? ,,congress #b;d ,session ,h4 ,r4 #eigc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #be1 #bjah,mr4 ,ross introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure ,a ,,bill ,to am5d ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act to require a report on risk transf]1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,disa/] ,assi/ance ,risk ,transf] ,act ( #bjah4 #b4 ,risk transf] ,title ,,iii ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eada7 is am5d$ by add+ at ! end ! foll[+3 #cbh4 ,risk transf] 7a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is section1 ! ,adm9i/rator ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy %all solicit proposals & may secure contracts f private entities provid+ insurance1 re9surance1 or capital m>ket inve/m5ts to transf] a portion ( ! risk ( assi/ance provid$ "u any or all ( sections #djc1 #djd1 #djf1 #djg1 #djh1 & #dbh1 & ( title ,v4 7b7 ,treatm5t ( funds ,! ,adm9i/rator %all deposit any funds collect$ z ! result ( transf] ( risk arrangem5ts into ! ,disa/] ,relief ,fund & su* funds are available = any purpose = :i* su* ,fund may be us$4 7c7 ,report ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is section1 ! ,adm9i/rator %all submit to ,congress a report t-- 7#a7 provides a description ( ! proposals describ$ 9 subsection 7a7 t ! ,adm9i/rator receiv$2 7#b7 assesses ! proposals describ$ 9 p>agraph 7#a7 ) respect to ! capacity ( private re9surance1 capital1 & f9ancial m>kets to assi/ communities 9 manag+ ! full range ( f9ancial risks associat$ ) major disa/]s2 7#c7 assesses :e!r ! rates & t]ms ( ! proposals describ$ 9 p>agraph 7#a7 are-- 7,a7 reasonable & appropriate2 & 7,b7 9 an am\nt suffici5t to ensure ! ,disa/] ,relief ,fund has ! res\rces necess>y to respond to major disa/]s2 7#d7 id5tifies ! proposals1 if any1 t conta9 rates & t]ms t satisfy ! requirem5ts ( subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#c72 & 7#e7 describes ! ext5t to :i* ! proposals describ$ 9 p>agraph 7#d7 w\ld m9imize ! likelihood t ! ,disa/] ,relief ,fund w\ld require em]g5cy supplem5tal appropriations4 7d7 ,au?ority ,to implem5t 7#a7 ,9 g5]al ,! ,adm9i/rator may annually transf] a portion ( ! risk ( ! paym5ts t may be made pursuant to ?is section to private insurance1 re9surance1 or ! capital m>kets1 or any comb9ation !re(1 pursuant to ! rates & t]ms ( any proposals describ$ 9 subsection 7c77#d71 if ! ,adm9i/rator det]m9es t transf]r+ su* a portion is 9 ! public int]e/4 7#b7 ,applicability ( ,f$]al ,acquisition ,regulation ,any transf] ( risk pursuant to p>agraph 7#a7 may be ent]$ into )\t reg>d to ! provisions ( *apt] #a ( title #dh1 ,code ( ,f$]al ,regulations4 7#c7 ,expiration ( au?ority ,! au?ority describ$ 9 p>agraph 7#a7 expires #e ye>s aft] ! date on :i* ! ,adm9i/rator fir/ transf]s a portion ( risk pursuant to su* p>agraph4 7#d7 ,multiye> contracts ,no?+ 9 ?is subsection may be con/ru$ to prev5t or prohibit ! ,adm9i/rator f ent]+ into contracts hav+ a duration long] ?an #a ye>4 7e7 ,report ,n lat] ?an #f mon?s aft] ! date on :i* ! ,adm9i/rator id5tifies a proposal t conta9s rates & t]ms t satisfy ! requirem5ts ( subp>agraphs 7,a7 & 7,b7 ( subsection 7c77#c71 ! ,adm9i/rator %all submit to ,congress a report detail+-- 7#a7 :e!r ! ,adm9i/rator adopt$ ! proposal2 & 7#b7 ! reasons ! ,adm9i/rator adopt$ or did n adopt su* proposal4 4