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This bill requires the Federal Emergency Management Agency (FEMA) Administrator to evaluate and report to Congress on ways to reduce the complexity of cost-effectiveness requirements for hazard mitigation assistance programs, including grants under the Stafford Act and the National Flood Insurance Act. The Administrator must consult with federal, state, local, tribal, territorial, and nonprofit organizations during the evaluation and brief Congress within 180 days on the evaluation's status and outreach efforts. The bill does not authorize any changes to existing cost-effectiveness requirements and provides no additional funding.
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