Policy Impact Analysis - 117/HR/7969

Bill Overview

Title: To direct the Comptroller General of the United States to conduct a study on disaster spending and strategies for reducing the need for such spending, to amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide assistance for certain activities relating to disasters and hazard mitigation, and for other purposes.

Description: This bill establishes reporting and other requirements related to disaster preparedness and response and hazard mitigation. The Governmental Accountability Office (GAO) must conduct a study and report on disaster spending and strategies for reducing the need for such spending. Specifically, the GAO must identify for the 5-year period ending on the date of this bill's enactment, the total amount of federal, state, and tribal funds spent in response to major disasters and emergencies; 10 proposed federal actions, including reinsurance, that, if implemented, would most effectively reduce the need for spending related to such major disasters or emergencies; the effect that using blockchain may have on delivering disaster assistance to state and Indian tribal governments; and whether insurance protection against wildfires will remain available and affordable to homeowners. The President must coordinate with each state to update state plans to incorporate strategies that decrease the time required to prepare for disasters, including the time to evacuate individuals. An entity that receives grants for hazard mitigation revolving loan funds must ensure that at least 10% of the total dollar amount of the loans it makes each fiscal year assist projects or activities that reduce risks for residential structures related to specified natural hazards.

Sponsors: Rep. Payne, Donald M., Jr. [D-NJ-10]

Target Audience

Population: People living in areas prone to natural disasters or affected by them

Estimated Size: 100000000

Reasoning

Simulated Interviews

Civil Engineer (California)

Age: 45 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • The focus on wildfire insurance is critical for us in California. I hope this makes it easier to secure and maintain insurance without seeing premiums skyrocket.
  • Improving disaster preparedness will help our community plan better and reduce panic during emergencies.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 5
Year 10 8 5
Year 20 7 4

Retired Veteran (Florida)

Age: 60 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 7/20

Statement of Opinion:

  • Having a structured plan during a disaster can make all the difference. I'm glad to see a focus on streamlining processes.
  • Access to reinsurance might keep costs down, which is important as I live on a fixed income.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 4
Year 10 9 4
Year 20 9 3

Blockchain Developer (New York)

Age: 30 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 8/20

Statement of Opinion:

  • As a blockchain enthusiast, it's exciting to see it potentially play a role in disaster preparedness. It could really streamline operations.
  • The immediate effect on my life seems minimal, but it's interesting to track the progress and results.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 6 7
Year 5 6 6
Year 10 5 5
Year 20 5 5

Teacher (Texas)

Age: 28 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • Flooding has always been a major worry. Knowing the state plans are updating gives me some peace of mind.
  • I hope the policy leads to meaningful changes and helps smaller communities like ours.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 5
Year 3 7 5
Year 5 8 4
Year 10 8 4
Year 20 7 3

Insurance Agent (Illinois)

Age: 50 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 4/20

Statement of Opinion:

  • As an insurance agent, the policy's assessment of wildfire insurance is significant. It indicates potential developments within the industry.
  • Improved disaster preparedness might help reduce claims in the long term.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 7 4
Year 20 6 4

Fisherman (Louisiana)

Age: 35 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 20.0 years

Commonness: 6/20

Statement of Opinion:

  • Efficient disaster response is critical due to hurricanes disrupting my livelihood.
  • Hope to see faster action during evacuations, potentially avoiding significant losses.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 7 4
Year 5 8 3
Year 10 8 3
Year 20 8 2

College Student (Kansas)

Age: 22 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • Studying environmental science, I'm curious to see how these policies play out in risk mitigation strategies.
  • The focus on hazard mitigation could be a good case study for my classes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 6
Year 5 7 6
Year 10 6 5
Year 20 6 5

Wildfire Mitigation Specialist (Oregon)

Age: 31 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • Our work in wildfire mitigation aligns well with this policy. It's good to see this risk being taken seriously at a legislative level.
  • Protection against wildfires can really help homeowners like myself.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 5
Year 5 9 5
Year 10 9 4
Year 20 9 3

Disaster Relief Coordinator (Puerto Rico)

Age: 40 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • Being on the front lines, any improvement in response time or strategy is a godsend.
  • Hopefully, reinsurance and more structured plans will ease recovery process pressures.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 8 5
Year 10 8 4
Year 20 7 4

Farmer (Alabama)

Age: 55 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 6/20

Statement of Opinion:

  • I hope this policy brings more stability to the insurance market for my farm.
  • Preparedness is key. The update to state plans should address some concerns we've had under severe weather conditions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 5
Year 5 8 5
Year 10 8 4
Year 20 8 3

Cost Estimates

Year 1: $15000000 (Low: $10000000, High: $20000000)

Year 2: $10000000 (Low: $8000000, High: $12000000)

Year 3: $10000000 (Low: $8000000, High: $12000000)

Year 5: $8000000 (Low: $6000000, High: $10000000)

Year 10: $5000000 (Low: $3000000, High: $7000000)

Year 100: $2000000 (Low: $1000000, High: $4000000)

Key Considerations