SECTION 1. Short title.

SEC. 2. Federal cost-share adjustments for repair, restoration, and replacement of damaged facilities.

“(3) INCREASED FEDERAL SHARE.—

“(A) INCENTIVE MEASURES.—The President may provide incentives to a State or Tribal government to invest in measures that increase readiness for, and resilience from, a major disaster by recognizing such investments through a sliding scale that increases the minimum Federal share to not more than 85 percent. Such measures may include—

“(i) the adoption of a mitigation plan approved under section 322;

“(ii) investments in disaster relief, insurance, and emergency management programs;

“(iii) encouraging the adoption and enforcement of nationally recognized design standards that establish minimum acceptable criteria for the design, construction, and maintenance of eligible facilities for the purpose of protecting the health, safety, and general welfare of the buildings’ users against disasters;

“(iv) facilitating participation in the community rating system; and

“(v) funding mitigation projects or granting tax incentives for projects that reduce risk.

“(B) COMPREHENSIVE GUIDANCE.—Not later than 1 year after the date of enactment of this paragraph, the President, acting through the Administrator, shall issue comprehensive guidance to States and Tribal governments regarding the measures and investments that will be recognized for the purpose of increasing the Federal share under this section.

“(C) REPORT.—One year after the issuance of the guidance required by subparagraph (B), the Administrator shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Homeland Security and Governmental Affairs of the Senate a report regarding the analysis of the Federal cost shares paid under this section.”.

SEC. 3. National public infrastructure pre­di­sas­ter hazard mitigation.

(1) in subsection (c) by inserting “Public” after “the National”;

(2) in subsection (e)(1)(B)—

(A) by striking “or” at the end of clause (ii);

(B) by striking the period at the end of clause (iii) and inserting “; or”; and

(C) by adding at the end the following:

“(iv) to establish and carry out enforcement activities to implement nationally recognized design standards that establish minimum acceptable criteria for the design, construction, and maintenance of eligible facilities for the purpose of protecting the health, safety, and general welfare of the buildings’ users against disasters.”;

(3) in subsection (f)—

(A) in paragraph (1) by inserting “for mitigation activities that are cost effective” after “competitive basis”;

(B) by adding at the end the following:

“(3) REDISTRIBUTION OF UNOBLIGATED AMOUNTS.—The President shall—

“(A) withdraw amounts of financial assistance made available to a State (including amounts made available to local governments of a State) under paragraph (2) that remain unobligated by the end of the third fiscal year after the fiscal year for which the amounts were allocated; and

“(B) in the subsequent fiscal year, add the funds to the financial assistance available to be awarded on a competitive basis referred to in paragraph (1).”;

(4) in subsection (g)—

(A) in paragraph (9) by striking “and” at the end;

(B) by redesignating paragraph (10) as paragraph (12); and

(C) by adding after paragraph (9) the following:

“(10) the extent to which the State or local government has facilitated the adoption and enforcement of nationally recognized design standards that establish criteria for the design, construction, and maintenance of eligible facilities for the purpose of protecting the health, safety, and general welfare of the buildings’ users against disasters;

“(11) the extent to which the assistance will fund activities that increase the level of resiliency; and”;

(5) by striking subsection (i) and inserting the following:

“(i) National public infrastructure predisaster mitigation fund.—

“(1) ESTABLISHMENT.—The President may establish in the Treasury of the United States a separate account called the National Public Infrastructure Predisaster Mitigation Fund (in this section referred to as the ‘Predisaster Mitigation Fund’), which shall be used exclusively to carry out this section, with amounts in such account to be available until expended unless otherwise provided.

“(2) TRANSFERS TO PREDISASTER MITIGATION FUND.—

“(A) IN GENERAL.—There shall be deposited in the Predisaster Mitigation Fund with respect to each disaster declared on or after August 1, 2017, an additional amount equal to 6 percent of the estimated aggregate amount of grants to be made pursuant to section 406.

“(B) ESTIMATED AGGREGATE AMOUNT.—Not later than 180 days after each major disaster declaration, the estimated aggregate amount of grants to be deposited in such Fund shall be determined and need not be reduced, increased, or changed due to variations in estimates.”; and

(6) by striking subsection (m).

SEC. 4. Eligibility for code implementation and enforcement.

(1) by striking “and” at the end of subparagraph (B);

(2) by striking the period at the end of subparagraph (C) and inserting “; and”; and

(3) by adding at the end the following:

“(D) base and overtime wages for extra hires to facilitate the implementation and enforcement of adopted building codes for a period of not more than 180 days after the major disaster is declared.”.

SEC. 5. Additional mitigation activities.