Section 1 Government Accountability Office study on disaster spending
Study— The Comptroller General of the United States shall conduct a study to identify the following:
For the 5-year period ending on the date of enactment of this Act—
the total amount of Federal funds spent in response to major disasters and emergencies declared pursuant to the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.); and
the total amount of State and Indian tribal government funds spent in response to such major disasters and emergencies.
10 proposed Federal actions, to include reinsurance, that, if implemented, would most effectively reduce the need for spending related to such major disasters or emergencies. Such actions shall be listed in order of priority under criteria established by the Comptroller General, including the following:
Cost effectiveness.
Return on investment.
Simplicity or speed of implementation using existing resources.
The effect that using blockchain may have on delivering disaster assistance to State and Indian tribal governments.
Whether insurance protection against wildfires will remain available and affordable to homeowners.
Report— Not later than 1 year after the date of enactment of this Act, the Comptroller General shall submit to the covered entities a report containing the results of the study.
Definitions— In this section:
The term covered entities means—
Congress;
the Administrator of the Federal Emergency Management Agency; and
for each State and Indian tribal government, the head of the agency for such State or Indian tribal government with jurisdiction over disaster response activities.
The terms Indian tribal government and State have the meanings given such terms in section 102 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5122).