3.0.0 6424 2020-02-14T19:15:34Z 2020-02-14T19:15:34Z House H HR 2008-06-26 110 hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2008-06-27T19:53:39Z Referred to 2008-06-26T14:04:20Z Property Mitigation Assistance Act of 2007 110 2328 S 2007-11-08 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Related bill CRS 2008-06-27 hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee 1 House committee actions Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. Committee 2008-06-26 Referred to the House Committee on Transportation and Infrastructure. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2008-06-26 Sponsor introductory remarks on measure. (CR E1374) IntroReferral B00100 9 Library of Congress 2008-06-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-06-26 Introduced in House IntroReferral 1000 9 Library of Congress T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 N B001251 Rep. Butterfield, G. K. [D-NC-1] G. K. Butterfield D NC 1 2008-07-16 False Emergency Management Disaster relief Economics and Public Finance Government lending Grants-in-aid Housing and Community Development Revolving funds Emergency Management 00 2008-06-26 Introduced in House 2008-11-03T19:48:33Z Property Mitigation Assistance Act of 2008 - Amends the Robert T. Stafford Disaster Assistance and Emergency Relief Act to direct the Administrator of the Federal Emergency Management Agency (FEMA) to establish a grant program to provide assistance to states to promote pre-disaster property mitigation measures within their jurisdictions.

Requires a state, to be eligible for assistance, to have: (1) submitted a mitigation plan; (2) established a process for accepting and processing grant and loan applications from individual homeowners and business owners; (3) established a revolving loan fund into which any grant amounts received under this Act shall be deposited; and (4) submitted a detailed plan for how terms and conditions for authorized loans and grants will be set.

Directs the Administrator to allocate grant amounts to eligible states according to a formula based on specified factors, including the nature and extent of potential hazards to property in the state, the number of properties at risk in the event that a hazard or natural disaster should occur, the amount of prior property damage incurred by the state during any previous hazard or natural disaster, and any available data on the future risk of occurrence of any hazard or natural disaster in a state.

Sets forth provisions regarding baseline amounts for eligible states and matching requirements.

Authorizes each state to make grants or loans to assist individual homeowners and businesses in undertaking pre-disaster property mitigation measures from a revolving loan fund established under this Act.

]]> Property Mitigation Assistance Act of 2008 Short Titles as Introduced Property Mitigation Assistance Act of 2008 Display Title Property Mitigation Assistance Act of 2008 Official Title as Introduced To establish a homeowner mitigation loan program within the Federal Emergency Management Agency to promote pre-disaster property mitigation measures. Introduced in House 2008-06-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr6424ih/xml/BILLS-110hr6424ih.xml 2008-06-27 Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.