,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ajabb  ,,9 ,,! ,,h\se ,,(         
,,repres5tatives  ,augu/ #bj1 #bjbf,mr4 
,c>t] ( ,l\isiana 7= himself1 ,mr4      
,ezell1 & ,mr4 ,c>bajal7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,transportation &         
,infra/ructure  ,a ,,bill  ,to e/abli% a
 ,=tifi$ ,ro( revolv+ loan fund to assi/
 ,/ate ag5cies 9 mak+ grants = !        
in/allation ( ,=tifi$ ,ro(s1 & = o!r    
purposes4  #a4 ,%ort title  ,?is ,act   
may be cit$ z ! ,safegu>d+ ,tomorr[     
?r\gh ,ongo+ ,risk ,mitigation ,,=tifi$ 
& ,wildfire ,prep>$ ,act or ! ,,/orm    
,,=tifi$ & ,wildfire ,prep>$ ,act4  #b4 
,def9itions ,9 ?is ,act3 7#a7           
,adm9i/rator ,! t]m ,adm9i/rator means !
 ,adm9i/rator ( ! ,f$]al ,em]g5cy       
,managem5t ,ag5cy4  7#b7 ,area m$ian    
income ,! t]m area m$ian income means ! 
mean income 9 ! locality 9 :i* ! prop]ty
 is locat$ bas$ on ! mo/ rec5t annual   
publication ( ! ,dep>tm5t ( ,h\s+ &     
,urban ,developm5t4  7#c7 ,entity ,! t]m

 entity means a ,/ate 7includ+ !        
,di/rict ( ,columbia & ! t]ritories ( ! 
,unit$ ,/ates7 eligible to receive      
,,/orm ,revolv+ ,loan ,fund 7,,rlf7     
capitalization grants "u ?is ,act4  7#d7
  ,=tifi$ ,ro(  ,! t]m ,=tifi$ ,ro(     
means a ro( meet+ ! ,insurance ,in/itute
 = ,bus9ess & ,home ,safety 7,,ibhs7    
,,=tifi$ ,ro( ,/&>d1 :i* includes a     
seal$ ro( deck1 enhanc$ edge protection1
 & r+-%ank fa/5]s1 & c be v]ifi$ by a   
qualifi$ ,=tifi$ ,evaluator or consi/5t 
)1 & no less /r+5t ?an1 ! /&>d develop$ 
by a nationally recogniz$1 v]ifiable1   
sci5ce-bas$ /&>d-sett+ organization1 su*
 z ! ,insurance ,in/itute = ,bus9ess &  
,home ,safety4  7#e7 ,eligibility       
,crit]ia ,! t]m ,eligibility ,crit]ia   
means ! home[n] eligibility framework   
e/abli%$ by ! ,/ate ag5cy gov]n+        
eligibility requirem5ts = mitigation    
grants t includes prim>y resid5ce &     
home/ead exemption1 pro( ( w9d insurance
 cov]age 7& flood insurance cov]age :]e 
applicable71 ! issuance ( a ,,=tifi$    

,ro(1 ,wildfire ,prep>$ ,home1 or       
,,=tifi$ ,home designation ^u project   
completion1 & exclusions = new          
con/ruction1 condom9iums1 & mobile      
homes4  7#f7 ,/ate ag5cy ,! t]m ,/ate   
ag5cy means a unit ( a ,/ate gov]nm5t   
au?oriz$ to adm9i/] home[n] mitigation  
grants1 includ+ ! (fice ( ! ,/ate       
,insurance ,commission] or an equival5t 
(fice4  7#g7 ,wildfire prep>$ home ,!   
t]m ,wildfire ,prep>$ ,home means a home
 meet+ ! ,in/itute = ,bus9ess & ,home   
,safety 7,,ibhs7 ,wildfire ,prep>$ ,home
 ,/&>d v]ifi$ by a ?ird-p>ty inspector  
or consi/5t )1 & no less /r+5t ?an1 !   
/&>d develop$ by a nationally recogniz$1
 v]ifiable1 sci5ce-bas$ /&>d-sett+      
organization1 su* z ! ,insurance        
,in/itute = ,bus9ess & ,home ,safety1 at
 ei!r ! ,ess5tial level1 address+ emb]  
intrusion & ignition risk1 or ! ,enhanc$
 level1 :i* includes all ,ess5tial      
requirem5ts plus additional protections 
aga9/ direct flame contact & radiant    
heat4 ,! t]m includes any successor     

designation e/abli%$ by ,,ibhs "u a     
sub/antially equival5t /&>d recogniz$ by
 ! ,adm9i/rator4  #c4 ,au?orization (   
appropriations ,!re is au?oriz$ to be   
appropriat$ to capitalize or            
recapitalize ,,/orm ,,=tifi$ ,ro(       
,revolv+ ,loan ,funds adm9i/]$ by !     
,f$]al ,em]g5cy ,managem5t ,ag5cy "u ?is
 ,act1 #ajj1jjj1jjj = ea* ( fiscal ye>s 
#bjbg ?r\gh #bjcf1 to rema9 available   
until exp5d$4  #d4 ,grants to entities =
 e/abli%m5t ( ,,/orm ,=tifi$ ,ro(       
revolv+ loan funds  7a7 ,g5]al au?ority 
7#a7  ,9 g5]al  ,! ,adm9i/rator may ent]
 into agreem5ts ) eligible entities to  
make capitalization grants to su*       
entities = ! e/abli%m5t ( ,,/orm        
,,=tifi$ ,ro( revolv+ loan funds 7ref]r$
 to 9 ?is section z entity loan funds7 =
 provid+ fund+ assi/ance to home[n]s to 
c>ry out eligible projects "u section #e
 = ! in/allation ( mitigation measures =
 ,,=tifi$ ,ro(1 ,,=tifi$ ,home1 or      
,wildfire ,prep>$ ,home designations4   
7#b7 ,agreem5ts ,any agreem5t ent]$ into

 "u ?is section %all require !          
p>ticipat+ entity to-- 7,a7 comply ) !  
requirem5ts ( ?is section2 &  7,b7 use  
acc\nt+1 audit1 & fiscal proc$ures      
con=m+ to g5]ally accept$ acc\nt+ /&>ds4
  7b7 ,application  7#a7 ,9 g5]al ,to be
 eligible to receive a capitalization   
grant "u ?is section1 an eligible entity
 %all submit to ! ,adm9i/rator an       
application at su* "t1 9 su* mann]1 &   
conta9+ su* in=mation z ! ,adm9i/rator  
may require4  7#b7 ,te*nical assi/ance  
,! ,adm9i/rator %all provide te*nical   
assi/ance to eligible entities =        
applications "u ?is section4  7c7       
,entity loan fund  7#a7 ,e/abli%m5t (   
fund ,an entity t receives a            
capitalization grant "u ?is section %all
 e/abli% an entity loan fund t complies 
) ! requirem5ts ( ?is subsection4  7#b7 
,fund managem5t ,except z provid$ 9     
p>agraph 7#c71 entity loan funds %all-- 
7,a7 be adm9i/]$ by ! ,/ate ag5cy2 &    
7,b7 include only-- 7i7 funds provid$ by
 a capitalization grant "u ?is section2 

7ii7 repaym5ts ( loans "u ?is section & 
section #e to ! entity loan fund2 &     
7iii7 int]e/ e>n$ on am\nts 9 ! entity  
loan fund4  7#c7 ,adm9i/ration ,a       
p>ticipat+ entity may comb9e ! f9ancial 
adm9i/ration ( ! entity loan fund ( su* 
entity ) ! f9ancial adm9i/ration ( any  
o!r revolv+ fund e/abli%$ by su* entity 
if ! ,adm9i/rator det]m9es t-- 7,a7 !   
capitalization grant1 entity %>e1       
repaym5ts ( loans1 & int]e/ e>n$ on     
am\nts 9 ! entity loan fund are acc\nt$ 
= sep>ately f o!r am\nts 9 ! revolv+    
fund2 &  7,b7 ! au?ority to e/abli%     
assi/ance priorities & c>ry out ov]sight
 activities rema9s 9 ! control ( !      
entity ag5cy responsible = home[n]      
mitigation grants4  7#d7 ,entity %>e (  
funds  7,a7 ,9 g5]al ,on or be=e ! date 
on :i* a p>ticipat+ entity receives a   
capitalization grant "u ?is section1 !  
entity %all deposit into ! entity loan  
fund ( su* entity1 an am\nt equal to n  
less ?an #ce p]c5t ( ! am\nt ( !        
capitalization grant4 ,an entity's      

appropriations or deposits into ano!r   
fund = an exi/+ grant program t cov]s   
all or "s ( ! mitigation measures 9     
subsection 7#a77;a7 %all c\nt t[>ds     
entity loan fund deposits4  7,b7 ,r$uc$ 
grant ,if1 ) respect to a capitalization
 grant "u ?is section1 a p>ticipat+     
entity deposits 9 ! entity loan fund ( !
 entity an am\nt t is less ?an #ce p]c5t
 ( ! total am\nt ( ! capitalization     
grant t ! p>ticipat+ entity w\ld o!rwise
 receive1 ! ,adm9i/rator %all r$uce !   
am\nt ( ! capitalization grant receiv$  
by ! entity s t ! deposit is #ce p]c5t (
 ! new capitalization am\nt4  7d7       
,apportionm5t  7#a7 ,9 g5]al ,except z  
o!rwise provid$ by ?is subsection1 !    
,adm9i/rator %all apportion funds made  
available to c>ry out ?is section to    
entities t h ent]$ into an agreem5t "u  
subsection 7a77#b7 9 am\nts z det]m9$ by
 ! ,adm9i/rator4  7#b7 ,res]vation (    
funds ,! ,adm9i/rator ( ! ,f$]al        
,em]g5cy ,managem5t ,ag5cy may set aside
 up to #c p]c5t ( ! funds made available

 to c>ry out ?is ,act = te*nical        
assi/ance1 guidance updates1 data sy/ems
 7includ+ ,,fema ,g71 & ov]sight to     
address gaps 9 cl>ity & consi/5cy       
id5tifi$ by ! ,comptroll] ,g5]al ( !    
,unit$ ,/ates4  7e7 ,use ( funds ,am\nts
 deposit$ 9 an entity loan fund1 includ+
 loan repaym5ts & int]e/ e>n$ on su*    
am\nts1 may be us$--  7#a7 to make loans
 to ,/ate ag5cies1 on ! condition t--   
7,a7 su* loans are made at an int]e/    
rate ( n m ?an #a p]c5t2  7,b7 annual   
pr9cipal & int]e/ paym5ts w comm5ce n   
lat] ?an #a ye> aft] completion ( any   
project & all loans made "u ?is         
subp>agraph w be fully amortiz$1 except 
= ! =givable portion ( any loan describ$
 9 section #e-- 7i7 n lat] ?an #bj ye>s 
aft] ! date on :i* ! project is         
complet$2 or  7ii7 = projects 9 a       
l[-income geographic area1 n lat] ?an   
#cj ye>s aft] ! date on :i* ! project is
 complet$ & n long] ?an ! expect$ design
 life ( ! project2  7,c7 ! loan recipi5t
 ( a loan "u ?is subp>agraph e/abli%es a

 d$icat$ s\rce ( rev5ue = repaym5t ( !  
loan2 &  7,d7 ! entity loan fund w be   
cr$it$ ) all paym5ts ( pr9cipal & int]e/
 on all loans made "u ?is subp>agraph2  
7#b7 = ! reasonable co/s ( adm9i/]+ !   
fund & conduct+ activities "u ?is       
section1 except t su* am\nts %all n     
exce$ #ajj1jjj p] ye>1 #b p]c5t ( !     
capitalization grants made to !         
p>ticipat+ entity 9 a fiscal ye>1 or #a 
p]c5t ( ! value ( ! entity loan fund1   
:i*ev] am\nt is greate/1 plus ! am\nt ( 
any fees collect$ by ! entity = su*     
purpose reg>dless ( ! s\rce2 &  7#c7 to 
e>n int]e/ on ! entity loan fund4  7f7  
,int5d$ use plans  7#a7 ,9 g5]al ,aft]  
provid+ = public comm5t & review1 &     
consultation ) appropriate gov]nm5t     
ag5cies ( ! ,/ate or ,indian tribal     
gov]nm5t1 ,f$]al ag5cies1 & int]e/      
gr\ps1 ea* p>ticipat+ entity %all       
annually prep>e & submit to !           
,adm9i/rator a plan id5tify+ ! int5d$   
uses ( ! entity loan fund4  7#b7        
,cont5ts ( plans ,an entity int5d$ use  

plan prep>$ "u p>agraph 7#a7 %all       
include a li/ ( propos$ projects        
describ+ t>get$ geographies1 expect$    
numb]s ( grants made1 income-bas$       
=giv5ess volumes1 & project$ loan       
revolv+ s*$ules4  7g7 ,audits1 reports1 
publications1 & ov]sight  7#a7 ,bi5nial 
entity audit & report ,beg9n+ n lat] ?an
 ! la/ day ( ! second fiscal ye> aft] ! 
receipt ( paym5ts "u ?is section1 &     
bi5nially !reaft]1 any p>ticipat+ entity
 %all--  7,a7 conduct an audit ( !      
entity loan fund e/abli%$ "u subsection 
7c72 &  7,b7 provide to ! ,adm9i/rator a
 report includ+--  7i7 ! result ( any   
su* audit2 &  7ii7 a review ( !         
effectiv5ess ( ! entity loan fund ( !   
entity ) respect to meet+ ! goals &     
int5d$ b5efits describ$ 9 ! int5d$ use  
plan submitt$ by ! entity "u subsection 
7g74  7#b7 ,ov]sight  7,a7 ,9 g5]al ,!  
,adm9i/rator %all1 at lea/ e #d ye>s1   
conduct reviews & audits z may be       
det]m9$ necess>y or appropriate by !    
,adm9i/rator to c>ry out ! objectives ( 

?is section & det]m9e ! effectiv5ess ( !
 fund4  7,b7 ,,gao requirem5ts ,a       
p>ticipat+ entity %all conduct audits "u
 p>agraph 7#a7 9 accordance ) ! audit+  
proc$ures ( ! ,gov]nm5t ,acc\ntability  
,(fice1 includ+ g5]ally accept$ gov]nm5t
 audit+ /&>ds4  7,c7 ,recomm5dations by 
,adm9i/rator ,! ,adm9i/rator may at any 
"t make recomm5dations = or require     
specific *anges to an entity loan fund 9
 ord] to improve ! effectiv5ess ( !     
fund4  7,d7 ,use ( ,,fema ,g ,all       
applications1 aw>ds1 & close\ts "u a    
revolv+ loan fund e/abli%$ pursuant to  
?is section %all use ,,fema ,,g & con=m 
to audit+ & recordkeep+ requirem5ts     
applicable to revolv+ loan funds        
e/abli%$ pursuant to section #bje ( !   
,rob]t ,t4 ,/af=d ,disa/] ,relief &     
,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 
#eace74  7h7 ,regulations or guidance ,n
 lat] ?an #ahj days aft] ! date (       
enactm5t ( ?is ,act1 ! ,adm9i/rator %all
 publi% cl>ifi$ guidance = ! specializ$ 
use-case "u ?is section address+        

report+1 =giv5ess acc\nt+1 & equity     
t>get+1 consi/5t ) recomm5dations ( !   
,comptroll] ,g5]al ( ! ,unit$ ,/ates4   
7i7 ,waiv] au?ority ,until su* "t z !   
,adm9i/rator issues f9al regulations to 
implem5t ?is section1 ! ,adm9i/rator    
may--  7#a7 waive notice & comm5t       
rulemak+1 if ! ,adm9i/rator det]m9es !  
waiv] is necess>y to exp$iti\sly        
implem5t ?is section2 &  7#b7 provide   
capitalization grants "u ?is section z a
 pilot program4  7j7 ,liability         
protections ,! ,ag5cy %all n be liable =
 any claim bas$ on ! ex]cise or p]=mance
 (1 or ! failure to ex]cise or p]=m1 a  
discretion>y function or duty by !      
,ag5cy1 or an employee ( ! ,ag5cy 9     
c>ry+ out ?is section4  7k7 ,insurance  
coord9ation ,! ,adm9i/rator %all        
enc\rage ,/ate ag5cies e/abli%+ a       
revolv+ fund "u ?is section to coord9ate
 ) insur]s to recognize ,,=tifi$ ,ro(1  
,,=tifi$ ,home1 or ,wildfire ,prep>$    
,home c]tificates = actu>ially ju/ifi$  
premium disc\nts & to publicize ,/ate   

inc5tives :]e available1 foll[+ !       
,eligibility ,crit]ia model4  7l7       
,compliance ) environm5tal & build+     
codes ,projects c>ri$ out "u ?is section
 %all comply ) applicable build+ codes1 
environm5tal plann+1 & hi/oric          
pres]vation requirem5ts z outl9$ 9 !    
,notice ( ,fund+ ,opportunities =       
projects c>ri$ out "u section #bje ( !  
,rob]t ,t4 ,/af=d ,disa/] ,relief &     
,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 
#eace74  #e4 ,home[n] grant programs    
7a7 ,9 g5]al ,/ate ag5cies receiv+ a    
loan f a revolv+ loan fund e/abli%$ "u  
section #d ( ?is ,act %all e/abli% a    
home[n] grant program = ! in/allation ( 
,,=tifi$ ,ro(s1 or improvem5ts made to  
meet ! ,,=tifi$ ,home or ,wildfire      
,prep>$ ,home designation1 & may only   
use su* loan funds to make grants "u su*
 program4  7b7 ,eligibility ,"u !       
program e/abli%$ pursuant to subsection 
7a71 ,/ate ag5cies %all det]m9e         
eligibility = grants "u ! program       
provid$ x foll[s ! foll[+ crit]ia3 7#a7 

,prim>y ,resid5ce & ,home/ead ,exemption
 ,! dwell+ %all be ! home[n]'s prim>y   
resid5ce & %all be subject to a ,/ate or
 local home/ead exemption1              
own]-occupancy tax classification1 or   
equival5t designation "u ,/ate law4 ,:]e
 no su* ,/ate me*anism exi/s1 ! home[n] 
%all provide alt]native docum5tation (  
own]-occupancy z prescrib$ by !         
,adm9i/rator4  7#b7 ,pro( ( w9d cov]age 
,= home[n]s seek+ ,=tifi$ ,home         
designation1 ! home[n] %all provide pro(
 ( an 9-=ce resid5tial prop]ty insurance
 policy includ+ w9d p]il cov]age1 valid 
?r\gh ! project$ date ( project         
completion4 ,a ,/ate ag5cy may e/abli%  
eligibility crit]ia = home[n]s :o are n 
insur$ at ! "t ( application if !       
home[n] demon/rates t ! propos$         
mitigation project is reasonably int5d$ 
to improve ! insurability or af=dability
 ( cov]age = ! dwell+ foll[+ project    
completion4  7#c7 ,pro( ( flood cov]age 
9 special flood haz>d areas ,if ! dwell+
 is locat$ )9 a ,special ,flood ,haz>d  

,area z designat$ by ! ,f$]al ,em]g5cy  
,managem5t ,ag5cy1 ! home[n] %all also  
provide pro( ( an 9-=ce flood insurance 
policy1 issu$ "u ! ,national ,flood     
,insurance ,program or a qualify+       
private policy "u #db ,u4,s4,c4         
#djab;a7b71 valid ?r\gh ! project$ date 
( project completion4  7#d7 ,pro( (     
,fire ,cov]age 9 ,wildfire ,haz>d ,areas
 ,= applications seek+ a ,wildfire      
,prep>$ ,home designation1 if ! dwell+  
is locat$ )9 a designat$ ,wildfire      
,haz>d ,area "u applicable ,/ate or     
,f$]al mapp+1 ! home[n] %all provide    
pro( ( an 9-=ce resid5tial prop]ty      
insurance policy includ+ fire p]il      
cov]age1 valid ?r\gh ! project$ date (  
project completion4 ,a ,/ate ag5cy may  
e/abli% eligibility crit]ia = home[n]s  
:o are n insur$ at ! "t ( application if
 ! home[n] demon/rates t ! propos$      
mitigation project is reasonably int5d$ 
to improve ! insurability or af=dability
 ( cov]age = ! dwell+ foll[+ project    
completion4  7#e7 ,dwell+ condition ,!  

dwell+ %all be 9 a condition p]mitt+    
completion ( ! propos$ mitigation "w to 
! applicable designation /&>d1 z det]m9$
 by a c]tifi$ evaluator4 ,a dwell+      
damag$ by a cov]$ wea!r ev5t may rema9  
eligible if ! evaluator det]m9es x is   
o!rwise suitable = ! propos$ "w4  7#f7  
,no duplicate fund+ ,! home[n] %all     
c]tify & disclose any prior ,f$]al1     
,/ate1 or local grant or subsidy receiv$
 = ! same scope ( "w4 ,grant funds "u   
?is ,act %all n duplicate prior fund+ = 
! same improvem5ts4 ,! ,adm9i/rator %all
 e/abli% rules gov]n+ ! p]missible use (
 grant funds to supplem5t insurance     
claim proce$s4  7#g7 ,ineligible dwell+s
 ,new con/ruction homes1 condom9iums1 & 
mobile homes are n eligible to          
p>ticipate 9 ! program4  7#h7           
,eligibility crit]ia ,a ,/ate ag5cy may 
e/abli% eligibility crit]ia = home[n]s  
:o are n insur$ at ! "t ( application if
 ! home[n] demon/rates t ! propos$      
mitigation project is reasonably int5d$ 
to improve ! insurability or af=dability

 ( cov]age = ! dwell+ foll[+ project    
completion4  7#i7 ,prioritization ,/ates
 may give priority to l[]-income        
applicants1 applicants :o live 9        
locations t1 bas$ on hi/orical data1 h a
 high] susceptibility to cata/rophic    
wea!r ev5ts1 & applicants meet+ any o!r 
crit]ia ! ,/ate ag5cy det]m9es is       
appropriate to meet ! purpose ( !       
program4  7c7 ,grant am\nts ,! am\nt ( a
 grant "u a program e/abli%$ pursuant to
 subsection 7a7 may cov] ! specific     
con/ruction upgrades1 includ+ labor &   
mat]ials1 = a ,=tifi$ ,ro(1 ,=tifi$     
,home1 or ,wildfire ,prep>$ ,home       
project up to a ,/ate ag5cy set-cap1 :i*
 may n be m ?an #aj1jjj4  7d7           
,procurem5t & c]tification ,all "w done 
us+ a grant made by a loan "u ?is       
section %all be p]=m$ by a qualifi$     
contractor & v]ifi$ by a qualifi$       
evaluator "u ! applicable ,=tifi$ ,ro(1 
,=tifi$ ,home1 or ,wildfire ,prep>$     
,home program4  7e7 ,=giv5ess ( c]ta9   
am\nts ,z a condition = e/abli%+ a      

revolv+ loan fund "u section #d1 ! ,/ate
 ag5cy %all =give ! repaym5t or co/-%>e 
obligation1 if any1 ( any grant made    
pursuant to ?is section = a ,=tifi$     
,ro(1 ,=tifi$ ,home1 or ,wildfire       
,prep>$ ,home project = an individual   
home[n] t has an income bel[ #abj p]c5t 
( ! area m$ian income4  #f4 ,rule (     
con/ruction ,no?+ 9 ?is ,act %all be    
con/ru$ to limit ! ability ( !          
,adm9i/rator "u any o!r provision ( law 
to capitalize revolv+ loan funds = o!r  
haz>d mitigation projects4