UPDATE: S.3418 - Safeguarding Tomorrow through Ongoing Risk Mitigation Act - Insurance News | InsuranceNewsNet

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December 21, 2020 Newswires
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UPDATE: S.3418 – Safeguarding Tomorrow through Ongoing Risk Mitigation Act

Congressional Documents & Publications

LATEST ACTION: December 21, 2020 - Presented to President.

BILL TITLE: Safeguarding Tomorrow through Ongoing Risk Mitigation Act

BILL SUMMARY:

Safeguarding Tomorrow through Ongoing Risk Mitigation Act of 2020 or the STORM Act

This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.

Such funds shall provide funding assistance to local governments to carry out projects to reduce disaster risk in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.

FEMA shall not be liable for any claim based on the exercise or performance of, or the failure to exercise or perform, a discretionary function or duty by FEMA or by a FEMA employee in carrying out this bill.

[NOTE: The contents of this legislative update are current as of 06:00 AM on December 23, 2020.]

BILL NUMBER: 116th Congress: Senate Bill 3418 (S.3418)

CHAMBER OF ORIGIN: U.S. Senate

CURRENT CHAMBER: U.S. House of Representatives

For DETAILED LEGISLATIVE INFORMATION on S.3418, visit: https://www.congress.gov/bill/116th-congress/senate-bill/3418

BILL TEXT: https://www.congress.gov/bill/116th-congress/senate-bill/3418/text

ACTIONS-TO-DATE (ordered by most recent first):

12/21/2020 -- House -- Presented to President.

12/18/2020 -- House -- Motion to reconsider laid on the table Agreed to without objection.

12/18/2020 -- House -- On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H7264-7266)

12/18/2020 -- House -- DEBATE - The House proceeded with forty minutes of debate on S. 3418.

12/18/2020 -- House -- Considered under suspension of the rules. (consideration: CR H7264-7268)

12/18/2020 -- House -- Ms. Norton moved to suspend the rules and pass the bill.

12/14/2020 -- House -- Held at the desk.

12/14/2020 -- House -- Received in the House.

12/10/2020 -- Senate -- Message on Senate action sent to the House.

12/09/2020 -- Senate -- Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S7370-7372)

12/09/2020 -- Senate -- The committee amendments withdrawn by Unanimous Consent. (text: CR S7375-7377)

12/09/2020 -- Senate -- Measure laid before Senate by unanimous consent. (consideration: CR S7375-7377)

08/10/2020 -- Senate -- Placed on Senate Legislative Calendar under General Orders. Calendar No. 511.

08/10/2020 -- Senate -- Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with amendments. With written report No. 116-249.

03/11/2020 -- Senate -- Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.

03/09/2020 -- Senate -- Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

03/09/2020 -- Senate -- Introduced in Senate.

SPONSOR(S)*:

-- Sen. Peters, Gary C. [D-MI]

CO-SPONSOR(S)*:

[*Note: Sponsors and co-sponsors are current as of December 21, 2020. For the most up-to-date version of the sponsor and co-sponsor lists, visit: https://www.congress.gov/bill/116th-congress/senate-bill/3418/cosponsors ]

-- Sen. Johnson, Ron [R-WI]

-- Sen. Lankford, James [R-OK]

-- Sen. Stabenow, Debbie [D-MI]

-- Sen. Schumer, Charles E. [D-NY]

-- Sen. Klobuchar, Amy [D-MN]

COMMITTEES: Senate Homeland Security and Governmental Affairs Committee.

SUBJECTS: Accounting and auditing, Administrative law and regulatory procedures, American Samoa, Atmospheric science and weather, Caribbean area, Disaster relief and insurance, Emergency planning and evacuation, Environmental assessment, monitoring, research, Fires, Floods and storm protection, Government information and archives, Government lending and loan guarantees, Guam, Hazardous wastes and toxic substances, Infrastructure development, Interest, dividends, interest rates, Lakes and rivers, Land use and conservation, Marine and coastal resources, fisheries, Natural disasters, Northern Mariana Islands, Roads and highways, Seashores and lakeshores, State and local finance, State and local government operations, Virgin Islands, Watersheds.

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