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Amend CSHB 4102 (house committee printing) as follows:
(1) On page 1, line 22, strike "Subsection (f)" and
substitute "Subsections (f) and (g)".
(2) On page 2, insert the following between lines 8 and 9:
(g) A state or local government entity or other eligible
entity may request funding from the disaster contingency fund to
pay for a disaster risk financing instrument using a parametric
index based on affected population to leverage available funds and
receive proceeds greater than appropriated amounts to pay for
extraordinary expenses incurred as a result of damages or
disruptions caused by a natural disaster or other catastrophe.