,,ii #aahth ,,congress #ast ,session ,s4 #cjga ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,october #ah1 #bjbc,ms4 ,hassan 7for herself and ,mr4 ,lankford7 introduced the following bill2 which was read twice and referred to the ,committee on ,homeland ,security and ,governmental ,affairs ,a ,,bill ,to amend section #cbd of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act to incentivize ,states1 ,indian ,tribes1 and ,territories to close disaster recovery projects by authorizing the use of excess funds for management costs for other disaster recovery projects4 #a4 ,short title ,this ,act may be cited as the ,disaster ,management ,costs ,modernization ,act4 #b4 ,use of excess funds for management costs 7a7 ,in general ,section #cbd of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act 7#db ,u4,s4,c4 #eafe;b7 is amended-- 7#a7 in subsection 7b77#b7-- 7,a7 by redesignating subparagraphs 7,a7 and 7,b7 as clauses 7i7 and 7ii71 respectively1 and adjusting the margins accordingly2 and 7,b7 in the matter preceding clause 7i71 as so redesignated1 by striking provide the following percentage rates and inserting 8provide-- 7,a7 excess funds for management costs as described in subsection 7c72 and 7,b7 the following percentage rates 2 7#b7 by redesignating subsection 7c7 as subsection 7d72 and 7#c7 by inserting after subsection 7b7 the following3 7c7 ,use of excess funds for management costs 7#a7 ,definition ,in this subsection1 the term excess funds for management costs means the difference between-- 7,a7 the amount of the applicable specific management costs authorized under subsection 7b77#a7 and subsection 7b77#b77;,b72 and 7,b7 as of the date on which the grant award is closed1 the amount of funding for management costs activities expended by the grantee or subgrantee receiving the financial assistance for costs described in subparagraph 7,a74 7#b7 ,availability of excess funds for management costs ,the ,president may make available to a grantee or subgrantee receiving financial assistance under section #djc1 #djd1 #djf1 #djg1 or #ejb any excess funds for management costs4 7#c7 ,use of funds ,excess funds for management costs made available to a grantee or subgrantee under paragraph 7#b7 may be used for-- 7,a7 activities associated with building capacity to prepare for1 recover from1 or mitigate the impacts of a major disaster or emergency declared under section #dja or #eja1 respectively2 and 7,b7 management costs associated with any-- 7i7 major disaster2 7ii7 emergency2 7iii7 disaster preparedness measure2 or 7iv7 mitigation activity or measure authorized under section #bjc1 #bjd1 #bje1 or #djd4 7#d7 ,availability ,excess funds for management costs made available to a grantee or subgrantee under paragraph 7#b7 shall remain available to the grantee or subgrantee until the date that is #e years after the date on which the excess funds for management costs are made available under paragraph 7#b74 4 7b7 ,applicability ,the amendments made by subsection 7a7 shall apply with respect to any grant award in relation to a major disaster or emergency declared under section #dja or #eja1 respectively1 of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act 7#db ,u4,s4,c4 #eagj1 #eaia7-- 7#a7 the declaration of which is open on1 or made on or after1 the date of enactment of this ,act2 and 7#b7 that is funded with amounts appropriated on or after the date of enactment of this ,act4