Bill > HR2428

This bill directs the Government Accountability Office (GAO) to conduct a comprehensive study about creating a federal buyout program for homeowners living in high-risk wildfire areas. The study will analyze the feasibility of using federal grants to voluntarily purchase properties before and after catastrophic wildfire disasters. Specifically, the GAO will compile a national database of existing property buyouts, examine how such a program would compare to current disaster buyout programs (like floodplain buyouts), and recommend which federal agency should manage the program. The study will also explore land use recommendations for purchased properties, focusing on reducing wildfire risks, considering different community contexts (rural vs. urban, disadvantaged vs. high-income), and providing community flexibility. The GAO must develop definitions for key terms like "catastrophic wildfire" and "disadvantaged community" and will be required to submit a detailed report to Congress within 12 months, including recommendations for program implementation, economic impact analysis, and strategies to encourage homeowner participation. The ultimate goal is to create a voluntary program that helps homeowners in high-risk wildfire zones relocate and reduce potential loss of life and property.

Business and Industry, Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/house-bill/2428/all-info