Summary
On January 29, 2013, President Obama signed P.L. 113-2, providing supplemental appropriations primarily for Hurricane Sandy disaster assistance. The bill includes approximately $50 billion in direct government spending, aid to individuals, and grants to state-local governments and other entities. It adds to the $9.7 billion in borrowing authority for the National Flood Insurance Program that was enacted in early January (P.L. 113-1). This Budget Brief highlights the funding that will flow to states as well as other provisions of note.