HR8407119th CongressWALLET

ACCURATE Act

Sponsored By: Representative Franklin, Scott

Introduced

Summary

Standardize federal hazard risk models and their data. This bill would create a Commerce-led Commission on Hazard Risk Assessment Tools to catalog federal and private tools, recommend standards and data protocols, and advise procurement to improve model quality and transparency.

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  • Federal departments and agencies would get recommended standards and specifications to validate model inputs, assumptions, and outputs. The Under Secretary would review recommendations within 180 days and could issue guidance for agency use.
  • Private tool developers would need to document conformance to adopted standards and explain significant model changes. Agencies could procure nonconforming tools if no standard exists or in national emergencies with a 30-day congressional notice, and a "material change" is defined as updates that alter results by more than 10 percent.
  • Communities, emergency managers, and researchers would benefit from a public catalog of hazard tools and standardized methods for collecting data on hazards, exposures, and the built environment. The Commission would produce three reports at 9-month and 18-month intervals to inventory tools, propose standards, and assess effectiveness.

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Bill Overview

Analyzed Economic Effects

5 provisions identified: 4 benefits, 0 costs, 1 mixed.

New federal hazard risk commission

If enacted, the bill would require the Under Secretary of Commerce to create a Commission on Hazard Risk Assessment Tools within 180 days. The commission would include federal, state, local, academic, nonprofit, and private‑sector representatives and be chaired by the Under Secretary or a designee. Appointments must meet representational rules and vacancies must be filled from the same appointing category within 30 days. The commission would terminate five years after enactment.

Standards and reports for hazard tools

If enacted, the commission would catalog hazard risk tools and the data they use. It would recommend standards, validation rules, and data collection methods for maps, scores, and models. The commission must send three reports: one within 9 months of convening, a second within 9 months after the first, and a third within 18 months after the second. The Under Secretary must review the recommendations within 180 days and may adopt, modify, or decline them.

New rules for buying risk models

If enacted, federal agencies would be directed, to the maximum extent practicable, to use adopted standards when procuring or using private‑sector hazard tools. Sellers would have to document how their tools conform to those standards and explain how any material changes conform. A "material change" would mean updates that change inputs, methods, or results, or change estimated losses or area categorization by more than 10 percent. Agencies could use nonconforming tools only if no applicable standard exists or in a national emergency; emergency uses require 30‑day congressional notice and a brief justification with steps to prevent recurrence.

Clear definitions for hazard tools

If enacted, the bill would define key terms used throughout the Act. It would define "built environment," "hazard risk," "hazard risk assessment tools," and list natural hazards like wildfire, flooding, and earthquakes. It would set "hazard risk" measurement over at least one year. It would define "material change" as model updates that change results by more than 10 percent.

Conflict rules for commission members

If enacted, commission members who are not Special Government Employees would have to disclose real or potential financial conflicts before any meeting that reviews a relevant tool, model, or provider. Members must report direct financial interests, affiliations with affected entities, and close relatives' interests. Members with conflicts must seek recusal from related deliberations, decisions, or votes. Members designated as Special Government Employees would follow criminal conflict laws and executive ethics rules.

Sponsors & CoSponsors

Sponsor

Franklin, Scott

FL • R

Cosponsors

  • Rep. Amo, Gabe [D-RI-1]

    RI • D

    Sponsored 4/21/2026

  • Rep. Miller, Max L. [R-OH-7]

    OH • R

    Sponsored 4/21/2026

  • Rep. Flood, Mike [R-NE-1]

    NE • R

    Sponsored 4/27/2026

Roll Call Votes

No roll call votes available for this bill.

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