Relating to: disaster assistance and making an appropriation. (FE)

SB 557 creates two new biennial grant programs for disaster assistance: a $10 million program for individuals and a $20 million program for businesses. The bill directly affects residents and businesses impacted by disasters by establishing recurring state funding for these grants. Key provisions specify the exact annual funding amounts ($10M for individuals, $20M for businesses) to be allocated every two years, as shown in the bill's fiscal schedule. The legislation does not change eligibility rules or application processes but solely authorizes the appropriations for these existing assistance types.