1. Short title This Act may be cited as the Streamlining The Official Response and Monetary Aid for Disasters Act or the STORM Aid for Disasters Act . 2. Estimated cost of impact to Federal agencies Section 430 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5189h ) is amended by adding at the end the following: (f) Estimated cost of impact on Federal agencies (1) Initial report Not later than 30 days after the date on which the President declares a major disaster under section 401, any Federal agency that sustained specified damage as a result of the disaster shall submit to the appropriate entities a report that contains— (A) a description of the specified damage incurred by the agency; (B) an estimate of the cost of such specified damage; and (C) a description of any effects to agency operations if the agency does not receive additional resources. (2) Final report Not later than 60 days after such date, a Federal agency that submitted an initial report under paragraph (1) shall update such initial report and submit to the appropriate entities a final report containing the information described in such paragraph. (3) Definitions In this subsection: (A) Appropriate entities The term appropriate entities means the Committee on Appropriations of the House of Representatives, the Committee on Appropriations of the Senate, the Office of Management and Budget, and any Member of Congress representing a location impacted by the disaster. (B) Specified damage The term specified damage means— (i) damage to Federal facilities and property; (ii) negative impacts on Federal operations, including damage to equipment, loss of program support, and any other calculable costs, as well as costs necessary to resume operations