ILLINOIS EMERGENCY MANAGEMENT AGENCY AND OFFICE OF HOMELAND SECURITY: $89.4M Department of Homeland Security Federal Award
Summary
The $89.4M grant from FEMA to the Illinois Emergency Management Agency is a pass-through for direct aid to families in disaster areas. As a state government recipient, there is no direct impact on publicly traded companies.
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Key Takeaways
- 1.The recipient is a state government entity, not a public company.
- 2.No publicly traded tickers are affected by this award.
- 3.The grant is for direct family assistance, not commercial contracts.
Market Implications
There are no direct market implications from this contract. The funds are allocated for family assistance in disaster areas, bypassing private sector involvement. Investors should monitor other FEMA contracts that involve private contractors for disaster response services.
Full Analysis
This contract is a direct payment to a state agency for specified use as a subsidy or non-reimbursable financial aid. It funds disaster relief for families, not procurement of goods or services from private firms. No publicly traded company is involved as a recipient, subcontractor, or supplier. The sector impact is limited to general consumer and infrastructure spending, but without a specific public company beneficiary. Related legislation and presidential actions do not directly connect to this disaster relief grant.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $19.3M Department of Homeland Security Federal Award
DEPARTMENT OF MILITARY AFFAIRS WISCONSIN: $27.2M Department of Homeland Security Federal Award
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $16.1M Department of Homeland Security Federal Award
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $102M Department of Homeland Security Federal Award
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
RESTORING AMERICAN SALTWATER ANGLING AND RECREATION
This executive order directs federal agencies (primarily NOAA and the Department of Commerce) to shift fisheries management toward prioritizing recreational fishing over commercial interests by modernizing data collection, replacing outdated mail-in surveys with real-time mobile reporting, and allowing state-collected data to substitute for federal data when error rates are lower. It also mandates reviewing and potentially revising National Standards under the Magnuson-Stevens Act, rescinding regulations that restrict marine access, and launching pilot programs for iconic fisheries like Atlantic striped bass, with the goal of boosting the $1.2 trillion outdoor recreation sector.
Reinvigorating America's Hunting Heritage
This executive order directs multiple federal agencies (Interior, Agriculture, Labor, Education, Veterans Affairs, Commerce, and the Secretary of War) to expand hunting and fishing access on federal lands, including opening specific national monuments to hunting, allowing traditional lead ammunition, promoting hunting education in schools, encouraging Sunday hunting on state and federal lands, and facilitating wild game donation programs. It aims to reverse restrictions on access and cultivate a new generation of hunters through policy changes and funding guidance.
Restoring Reciprocity in Government Procurement
This Presidential Memorandum directs the Office of Management and Budget, the U.S. Trade Representative, and other federal agencies to identify and remove Canadian-origin items from federal civil procurement where possible, citing Canada's 'Buy Canadian' policies as discriminatory. It also requires agencies to be notified of domestic alternatives and mandates ongoing monitoring of Canada's procurement practices, with provisions for restoring access if Canada changes its policies.
Contract Details
Recipient
ILLINOIS EMERGENCY MANAGEMENT AGENCY AND OFFICE OF HOMELAND SECURITY
Award Amount
$89,405,741
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
DIRECT PAYMENT FOR SPECIFIED USE, AS A SUBSIDY OR OTHER NON-REIMBURSABLE DIRECT FINANCIAL AID (C)
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