legislation: 115-hr-5846
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 115-hr-5846 | 115 | hr | 5846 | Promoting Flood Risk Mitigation Act | Emergency Management | 2018-05-16 | 2018-07-17 | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | House | Rep. Blumenauer, Earl [D-OR-3] | OR | D | B000574 | 3 | Promoting Flood Risk Mitigation Act (Sec. 2) This bill directs the Government Accountability Office (GAO) to conduct a study to assess: (1) the efficacy of practices or programs under which the Federal Emergency Management Agency (FEMA) provides assistance to state and local governments to acquire flood-damaged properties committed to open space use in perpetuity (buyout practices), and (2) ways to streamline the buyout practices to provide more timely assistance. The study must consider and analyze: current and future trends with respect to repetitive loss structures and severe repetitive loss structures that are insured under the National Flood Insurance Program; buyout practices, including the socioeconomic status of recipients of buyouts under buyout programs and examples of successful buyout programs, including best practices employed; administrative, financial, or temporal constraints that may impede the timely acquisition of properties under a buyout program; potential options, methods, and strategies to address such constraints; the ecological, financial, and flood risk reduction benefits that buyout practices provide; an assessment of how FEMA may use buyout programs to reduce future flood disaster recovery costs; and a cost-benefit analysis of mitigation and buy-out projects and programs. The GAO shall submit to Congress and FEMA a report on the buyout practices study and the feasibility of FEMA establishing an alternative buyout program. | 2023-01-11T13:39:30Z |