Government
White House New Bill Announcement – “STORM Act”
The act, which authorizes grants to States to establish revolving funds to provide hazard mitigation assistance from disasters.
On Friday, January 1, 2021, the President signed into law:
S. 3418, the “Safeguarding Tomorrow through Ongoing Risk Mitigation Act” or the “STORM Act,” which authorizes the Federal Emergency Management Agency to provide capitalization grants to States to establish revolving funds to provide hazard mitigation assistance to reduce risks from disasters and natural hazards.
The material in this public release comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length.
Ref White House: https://www.whitehouse.gov/briefings-statements/bill-announcement-010121/
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