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Pilot Program: Public-Private Partnerships for Disaster Mitigation.

This new law establishes a pilot program allowing private entities to assist in pre-disaster mitigation activities, such as property acquisition and relocation. The goal is to accelerate and streamline these processes, potentially enhancing safety and reducing financial losses for citizens in disaster-prone areas.
Key points
Private companies can manage property acquisition and relocation projects in disaster-prone areas, aiming to speed up protective measures.
The program seeks to reduce costs and increase the efficiency of preventative actions, potentially saving taxpayer money.
Project selection will prioritize reducing risk to life and property, decreasing the number of repeatedly flooded properties, and improving social and environmental justice.
Any savings achieved through private entity participation will be shared between the government and these entities, incentivizing efficiency.
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Additional Information
Print number: 117_S_1879
Sponsor: Sen. Tillis, Thomas [R-NC]
Process start date: 2021-05-27