We have received text from H.R. 5652: Wildfire Recovery Act. This bill was received on 2025-09-30, and currently has 13 cosponsors.
Here is a short summary of the bill:
The Wildfire Recovery Act is a bill aimed at amending existing legislation regarding fire management assistance. Here are the key points of what the bill proposes:
1. Title of the Act
The Act is officially titled the Wildfire Recovery Act .
2. Changes to Federal Assistance for Fire Management
The bill modifies Section 420 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act in the following ways:
- Federal Share Increase: The bill establishes that the federal government will cover at least 75% of eligible costs associated with fire management assistance.
This change will apply only to funds appropriated after the bill is enacted.
3. Rulemaking Process
Within three years of the bill's enactment, the President, through the Federal Emergency Management Agency (FEMA), is required to create rules outlining the criteria that may lead to an increased federal cost share for fire management assistance. The criteria will include:
- A threshold metric that evaluates the financial impact on state or local governments responding to a fire that qualifies for assistance.
4. Policy Updates for Grant Eligibility
The FEMA Administrator must update policies regarding grants under Section 420 to ensure that states, localities, and tribal governments can receive reimbursement for the predeployment of domestic assets. This update will align grant assistance more closely with the support provided during major disaster and emergency declarations.
Relevant Companies
- PLT : Companies involved in disaster management and recovery services may see increased demand for their services if the bill is enacted, as increased federal cost-sharing could lead to more state and local governments seeking assistance.
- CCO : Contractors involved in fire management and other emergency services could also be notably impacted, as the availability of federal funds may increase the volume of contracts awarded.
Representative Joe Neguse Bill Proposals
Here are some bills which have recently been proposed by Representative Joe Neguse:
- H.R.5652: Wildfire Recovery Act
- H.R.5651: Affordability and Fairness for Mountain Communities Act of 2025
- H.R.5481: Wildfire Smoke Relief Act
- H.R.5205: Aircraft Noise Reduction Act
- H.R.5002: Protect Americans from Climate Disasters Act
- H.R.4933: Research and Development Tax Credit Expansion Act of 2025
You can track bills proposed by Representative Joe Neguse on Quiver Quantitative's politician page for Neguse.
Representative Joe Neguse Net Worth
Quiver Quantitative estimates that Representative Joe Neguse is worth $825.0K, as of October 16th, 2025. This is the 348th highest net worth in Congress, per our live estimates.
Neguse has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Representative Joe Neguse's net worth on Quiver Quantitative's politician page for Neguse.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
