Ounce of Prevention Act
To amend the Housing and Community Development Act of 1974 to allow certain grantees to use Community Development Block Grant amounts for natural disaster mitigation activities, and for other purposes.
HB9557 aims to change the Housing and Community Development Act of 1974, allowing specific grantees to use Community Development Block Grant funds for activities that help prevent or lessen the impact of natural disasters. This change is intended to provide more flexibility in how these funds are used, particularly in disaster-prone areas.
This bill would primarily affect local governments and organizations that receive these grants, enabling them to allocate funds towards projects that reduce the risk of natural disasters, such as building stronger infrastructure or creating emergency plans. By doing so, it could help communities better prepare for and recover from natural disasters, potentially saving lives and reducing economic losses.
HB9557 was introduced on June 30, 2026, and has been referred to the House Committee on Financial Services for further review. No further actions have been recorded as of the last update. The bill is in its early stages, and ongoing committee discussions will determine its next steps.
