Safeguarding Tomorrow Hazard Mitigation Revolving Loan Fund

Current understanding

Proposed state-level revolving loan fund, to be created under the Emergency Management Act (1976 PA 390) via HB 5965’26 (tie-barred to HB 5964’26), that would finance local natural-hazard mitigation projects. The fund would implement Michigan’s participation in the federal Safeguarding Tomorrow through Ongoing Risk Mitigation (STORM) Act framework, providing low-interest loans to local governments for pre-disaster mitigation work. Status: introduced.

Evidence log

• 2026-08-26 — Transportation: funds; local agency infrastructure disaster relief fund and board; create. Amends secs. 10 & 11 of 1951 PA 51 (MCL 247.660 & 247.661) & adds sec. 11k.: cross-connection with local-agency-infrastructure-disaster-relief: Both are state-level funding mechanisms for local infrastructure resilience — Safeguarding Tomorrow addresses pre-disaster hazard mitigation, while this fund would address post-disaster repair. (novelty: 3)
• 2026-05-13 — State management: funds; safeguarding tomorrow revolving loan fund; create. Amends 1976 PA 390 (MCL 30.401 - 30.421) by adding sec. 19a. TIE BAR WITH: HB 5964’26: cross-connection with flood-damaged-infrastructure: The proposed revolving loan fund would finance pre-disaster mitigation projects intended to reduce the kind of flood damage to roads, bridges, and fuel corridors tracked on the flood-damaged infrastructure page. (novelty: 2)

Open questions

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