To direct the Secretary of Homeland Security, acting through the Administrator of the Federal Emergency Management Agency, to establish a pilot program to award grants to covered entities to support the design, development, facilitation, or implementation of community-based catastrophe insurance.

This bill would require the head of the Federal Emergency Management Agency (FEMA) to create a test program that gives money to certain organizations to help design and set up insurance plans run at the community level to cover catastrophic events like natural disasters. No official summary is available for this bill.

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