Measuring the Cost of Disasters Act of 2025
Measuring the Cost of Disasters Act of 2025
Plain Language Summary
# Measuring the Cost of Disasters Act of 2025 – Summary **What the Bill Would Do** The Measuring the Cost of Disasters Act of 2025 would require the federal government to develop better methods for tracking and calculating the total costs of natural disasters and other major disasters in the United States. Currently, different agencies use different approaches to measure disaster costs, making it difficult to get a complete picture of the economic impact. This bill would establish more consistent and comprehensive ways to measure these costs across the government. **Who It Affects and Key Provisions** The bill would primarily affect federal agencies responsible for disaster response and recovery (such as FEMA and others), as well as policymakers, researchers, and the public who rely on disaster cost data.
By standardizing how costs are measured and reported, the bill aims to provide clearer information about the true financial burden of disasters—including direct damages, recovery expenses, and broader economic impacts. This could help Congress and state/local officials better plan for future disasters and allocate resources more effectively. **Current Status** As of now, the bill is in committee, meaning it has been referred to the appropriate congressional committee for review and has not yet been voted on by either the Senate or House. Sponsor Peter Welch (D-VT) introduced the legislation in the 119th Congress.
Latest Action
Read twice and referred to the Committee on Commerce, Science, and Transportation.