H.R.5563: To amend the Homeland Security Act of 2002 to require annual risk assessments for purposes of the State Homeland Security Grant Program, and to require that risk assessments conducted for purposes of the Urban Area Security Initiative be conducted jointly

Amends the Homeland Security Act of 2002 to require the Administrator of the Federal Emergency Management Agency (FEMA): (1) in order to better inform the allocation of grants under the State Homeland Security Grant Program, to conduct an initial assessment of the relative threat of, vulnerability to, and consequences from acts of terrorism for each state, with each threat assessment for a state conducted jointly with appropriate state...

(Source: Library of Congress)