Authorizes use of excess funds for disaster management costs for other recovery projects.
Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to allow the use of excess funds for management costs for other disaster recovery projects. Requires the Comptroller General to report on the actual management costs during a major disaster declaration. The President can make available to a grantee or subgrantee any excess funds for management costs. These funds can be used for activities associated with building capacity to prepare for, recover from, or mitigate the impacts of a major disaster or emergency.
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