Disaster Management Costs Modernization Act

HR 744, the Disaster Management Costs Modernization Act, amends the Robert T. Stafford Disaster Relief Act to allow state and local governments receiving federal disaster funds to reuse "excess" management funds. Specifically, it permits the President to redirect unused funds - defined as the difference between authorized and actual management costs - to support future disaster preparedness, recovery, or mitigation activities. The bill also requires a GAO study within 180 days of enactment to review historical management costs for major disasters over the past five years. No new federal funding is authorized for these changes.