1. Short title This Act may be cited as the Emergency Advance Payments Modernization Act . 2. Sense of Congress It is the sense of Congress that— (1) advance payments made by the Federal Emergency Management Agency (referred to in this section as FEMA ) have proven to be beneficial to those impacted by disasters; (2) FEMA has provided millions of dollars in advance payments to policyholders under the National Flood Insurance Program who have started the claims process under that Program; (3) the payments described in paragraph (2) are critical in helping policyholders as they begin to clean up and repair homes that have been devastated by natural disasters; (4) while advance payments have proven to be beneficial to those impacted by disasters, there are still significant limitations to the process