Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize the President, upon determining that there is extensive damage resulting from a major disaster, to allow a state or local government or private nonprofit facility to consolidate contributions received as a lump sum payment to repair, restore, reconstruct, or replace more than one public facility.
Allows a state or local government and a private nonprofit facility to choose whether or not to repair, restore, reconstruct, or replace one or more of such facilities after assessing the need.
Sets the federal cost share for a public facility at 100% of: (1) the federal estimate of the cost of repairing, restoring, reconstructing, or replacing the facilities; and (2) management expenses.