Sovereign States Emergency Management Act
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Summary
This bill abolishes the Federal Emergency Management Agency (FEMA) within two years of enactment and replaces it with a block grant program administered by the Secretary of the Treasury. States would receive disaster relief grants based on a formula considering population, historical disaster frequency, geographic risk factors, and economic need. States must submit annual emergency management plans for approval and report on fund usage and outcomes; the block grant program would terminate four years after the Treasury Department issues its allocation formula.
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