Section 2. Declaration of policy.
The General Assembly finds and declares as follows:
(1) The blizzard of January 1996 and the resulting flood emergency impacted many counties of this Commonwealth causing substantial damage to residences and personal property.
(2) Federal emergency declarations designated certain areas as eligible for individual and family disaster relief.
(3) The combination of private insurance and Federal grants and loans may provide insufficient compensation for individual and family losses in some instances.
(4) Pursuant to section 17(b) of Article VIII of the Constitution of Pennsylvania, the Commonwealth should provide additional aid to certain individuals to supplement compensation received from private insurance and the Federal Government.