H.465 is a bill introduced by Representatives Waszazak and Galfetti that aims to enhance financial support for municipalities affected by flooding. The bill proposes to make municipalities eligible for financial assistance from the Division of Emergency Management to cover various emergency response costs, including temporary housing, sheltering services, and repairs to local infrastructure while they await reimbursement from the Federal Emergency Management Agency (FEMA).

Additionally, the bill mandates that the State will cover all local match requirements set by FEMA for municipalities impacted by flooding. This legislative change is intended to streamline the financial assistance process and ensure that municipalities can effectively respond to and recover from flood-related emergencies.