29C.7  Hazard mitigation financial assistance.
  1.  If financial assistance is granted by the federal government under the federal Robert T. Stafford Disaster Relief and Emergency Assistance Act, Pub. L. No. 93-288, as amended, 42 U.S.C. §5121 et seq. or the federal National Flood Insurance Reform Act of 1994, Pub. L. No. 103-325, 42 U.S.C. §4001 et seq. for hazard mitigation and section 29C.6 is not applicable, the state may participate in the funding of the financial assistance authorized to a local government in an amount not to exceed ten percent of the eligible expenses, with the applicant providing the balance of any participation amount. If financial assistance is granted by the federal government as described in this section for state-related hazard mitigation, the state may participate in the funding of the financial assistance authorized, not to exceed fifty percent of the total eligible expenses.
  2.  State participation in funding financial assistance to local government under subsection 1 is contingent upon the local government having on file a state-approved, comprehensive emergency plan which meets the standards adopted pursuant to section 29C.9, subsection 8.
2020 Acts, ch 1041, §1
NEW section