; (7) the legislative and administrative response to major disasters and emergencies may consist of multiple components divided among different statutes and programs; and (8) when evaluating whether property has been taken from a person without just compensation, a holistic evaluation of the burdens and benefits of all legislative and administrative responses, including indirect benefits from macroeconomic stabilization, is appropriate. 3. Restrictions on collections of debt during a national disaster or emergency (a) In general The Fair Debt Collection Practices Act ( 15 U.S.C. 1692 et seq.) is amended by inserting after section 812 ( 15 U.S.C. 1692j ) the following: 812A. Restrictions on collections of debt during national disaster or emergency (a) Definitions In this section: (1) The term consumer means any individual obligated or allegedly obligated to pay any debt; (2) The term covered period — (A) means— (i) the period beginning on the date that is 1 day after the date on which a major disaster is declared by the President under section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5170 ), where assistance is authorized under section 408 of that Act ( 42 U.S.C. 5174 ), and ending 120 days after the end of the incident period for that disaster; or (ii) the period beginning on the date that is 1 day after the date on which an emergency involving Federal primary responsibility is determined to exist by the President under section 501(b) of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5191(b) ) that simultaneously covers all States for a single incident, event, or emergency, and ending 120 days after the end of the incident period for that emergency