# 115-hr-5973: Disaster Assistance Risk Transfer Act of 2018

115-hr-5973, Disaster Assistance Risk Transfer Act of 2018, is a 115th Congress bill sponsored by Rep. Ross, Dennis A. [R-FL-15] (R-FL); status Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-5973
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-5973
- Congress: 115
- Title: Disaster Assistance Risk Transfer Act of 2018
- Status: Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
- Introduced: 2018-05-25
- Sponsor: Rep. Ross, Dennis A. [R-FL-15] (R-FL)
- Cosponsors: 0
- Policy area: Emergency Management
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Disaster Assistance Risk Transfer Act of 2018 This bill amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to direct the Federal Emergency Management Agency (FEMA) to solicit proposals and authorize it to secure contracts from private entities providing insurance, reinsurance, or capital market investments to transfer a portion of the risk of disaster assistance. FEMA shall deposit any funds collected as the result of transfer of risk arrangements into the Disaster Relief Fund and such funds shall be available for any purpose for which such fund may be used. FEMA may annually transfer a portion of the risk of the payments that may be made to private insurance, reinsurance, or the capital markets if it determines that transferring such a portion is in the public interest.

## Related bills

- 115-hr-6780: To designate the facility of the United States Postal Service located at 7521 Paula Drive in Tampa, Florida, as the "Major Andreas O'Keeffe Post Office Buildin…
- 115-hr-6619: Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of 2018
- 115-hr-6591: To designate the facility of the United States Postal Service located at 501 South Kirkman Road in Orlando, Florida, as the "Napoleon 'Nap' Ford Post Office Bu…
- 115-hr-6510: Restore Our Parks and Public Lands Act
- 115-hr-6469: Integration of Baseball Commemorative Coin Act
- 115-hr-6451: UNRWA Reform and Refugee Support Act of 2018

## Sources
- [115-hr-5973 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/5973)

## Related
- [115-hr-6780: To designate the facility of the United States Postal Service located at 7521 P…](https://policyrisk.com/legislation/115-hr-6780)
- [115-hr-6619: Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of…](https://policyrisk.com/legislation/115-hr-6619)
- [115-hr-6591: To designate the facility of the United States Postal Service located at 501 So…](https://policyrisk.com/legislation/115-hr-6591)
- [115-hr-6510: Restore Our Parks and Public Lands Act](https://policyrisk.com/legislation/115-hr-6510)
- [115-hr-6469: Integration of Baseball Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-6469)
- [115-hr-6451: UNRWA Reform and Refugee Support Act of 2018](https://policyrisk.com/legislation/115-hr-6451)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-5973 (as of 2025-11-18).