Timeline for award of management costs

Section 324(b) of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5165b(b)) is amended by adding at the end the following: (3) Management cost increments The President may award a grantee under section 404, 403, 406, 407, or 502— (A) by the date that is 30 days after the date on which the President declares the applicable major disaster under section 401, 50 percent of the amount of the applicable management costs described in paragraph (2); (B) by the date that is 180 days after the date on which the President declares the applicable major disaster under section 401, 75 percent of the amount of the applicable management costs described in paragraph (2); and (C) by the date that is 1 year after the date on which the President declares the applicable major disaster under section 401, 100 percent of the applicable management costs described in paragraph (2)..