FEMA Sets Maximum Federal Aid For Major Disasters
Targeted News Service
WASHINGTON, Oct. 15 -- The Department of Homeland Security published the following notice in the Federal Register from the Federal Emergency Management Agency:
Notice of Maximum Amount of Assistance Under the Individuals and Households Program
A Notice by the Federal Emergency Management Agency on 10/15/2015
Publication Date: Thursday, October 15, 2015
Agencies:
Federal Emergency Management Agency
Department of Homeland Security
Entry Type: Notice
Action: Notice.
Document Citation: 80 FR 62086
Page: 62086 (1 page)
Agency/Docket Number: Docket ID FEMA-2015-0002
Document Number: 2015-26123
Shorter URL: https://federalregister.gov/a/2015-26123
Action
Notice.
Summary
FEMA gives notice of the maximum amount for assistance under the Individuals and Households Program for emergencies and major disasters declared on or after October 1, 2015.
DATES:
Effective Date: October 1, 2015, and applies to emergencies and major disasters declared on or after October 1, 2015.
FOR FURTHER INFORMATION CONTACT:
Christopher B. Smith, Recovery Directorate, Federal Emergency Management Agency, 500 C Street SW., Washington, DC 20472, (202) 212-1000.
SUPPLEMENTARY INFORMATION:
Section 408 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (the Stafford Act), 42 U.S.C. 5174, prescribes that FEMA must annually adjust the maximum amount for assistance provided under the Individuals and Households Program (IHP). FEMA gives notice that the maximum amount of IHP financial assistance provided to an individual or household under section 408 of the Stafford Act with respect to any single emergency or major disaster is $33,000. The increase in award amount as stated above is for any single emergency or major disaster declared on or after October 1, 2015. In addition, in accordance with 44 CFR 61.17(c), this adjustment includes the maximum amount of available coverage under any Group Flood Insurance Policy (GFIP) issued.
FEMA bases the adjustment on an increase in the Consumer Price Index for All Urban Consumers of 0.2 percent for the 12-month period, which ended in August 2015. The Bureau of Labor Statistics of the U.S. Department of Labor released the information on September 16, 2015.
Catalog of Federal Domestic Assistance No. 97.048, Federal Disaster Assistance to Individuals and Households in Presidentially Declared Disaster Areas; 97.049, Presidentially Declared Disaster Assistance--Disaster Housing Operations for Individuals and Households; 97.050, Presidentially Declared Disaster Assistance to Individuals and Households--Other Needs.
W. Craig Fugate,
Administrator, Federal Emergency Management Agency.
[FR Doc. 2015-26123 Filed 10-14-15; 8:45 am]
BILLING CODE 9111-23-P
[*Federal RegisterBF 2015-10-15]
Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; [email protected]; http://www.targetednews.com
-1230863


Advisor News
- Dutch gambling tax hike falls short as prediction markets eye World Cup
- Caregiving: A challenge that costs employers billions
- Could your practice benefit from an advisory board?
- SEC nears settlement with accused scammer Tai Lopez
- The 3 things that shrink your Social Security income
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
More Annuity NewsHealth/Employee Benefits News
- State budget helps 200,000 afford insurance
- State Health Plan brings back Blue Cross NC
- Here's how Connecticut's candidates for governor differ on healthcare plans as costs rise
- Colorado hospitals poised to receive $455 million Medicaid funding boost
- Nevada sees drop in health insurance marketplace enrollment as subsidies lapse
More Health/Employee Benefits NewsLife Insurance News
- THINGS YOUR CLIENTS SHOULD KNOW BEFORE SELLING A LIFE INSURANCE POLICY
- Could your practice benefit from an advisory board?
- AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
More Life Insurance News