Emergency Relief and Recovery Supplemental Appropriations Act for Fiscal Year 2002

Emergency Relief and Recovery Supplemental Appropriations Act for Fiscal Year 2002 - Makes additional supplemental appropriations for FY 2002, and provides for other types of emergency relief and recovery from the September 11, 2001, terrorist attacks on the United States. Makes such appropriations to the Department of Labor 's Employment and Training Administration (ETA) for temporary emergency assistance to the State of New York (NYS) for a special fund for unemployment compensation.

Establishes an emergency program of health insurance premium assistance for COBRA continuation coverage for certain individuals impacted by the terrorist attacks.

Permits a State to elect to provide temporary Medicaid coverage (under title XIX of the Social Security Act) for certain uninsured individuals impacted by the terrorist attacks.

Makes additional emergency supplemental appropriations for FY 2002, with respect to claims and activities in response to the attacks, to: (1) the Department of Labor for ETA training and employment services and for State Unemployment Security Office for certain payments to the NYS Workers Compensation Review Board and the NYS Uninsured Employers Fund; (2) the Department of Health and Human Services for the Health Resources and Services Administration to reimburse local area hospitals for unreimbursed care provided in response to, and damage caused by, the attacks, and for the National Institute of Environmental Health Sciences; (3) the Department of Commerce for emergency grants for public telecommunications facilities, planning, and construction by the National Telecommunications and Information Administration; (4) the Department of Housing and Urban Development for the Community Development Fund, with a portion for a program to aid the tourism and travel industry in New York City (NYC); and (5) the Federal Emergency Management Agency (FEMA) for disaster relief, including recovery activities and assistance in NYC and NYS, Northern Virginia, and Pennsylvania, with portions for the Office of World Trace Center Attack Claims and for the NYC Board of Education.

World Trade Center Attack Claims Act - Establishes within the Federal Emergency Management Agency (FEMA) the Office of World Trade Center Attack Claims. Entitles to Federal compensation individuals and entities which suffered injury as a result of the attack on the World Trade Center on September 11, 2001, and who reside or maintain a place of business in the area south of Canal Street in Manhattan.

Limits claim payments to up to $500,000 for the amount necessary to compensate for injuries (including residential and business losses) suffered during the 18-month period following the attack.

Authorizes reimbursement of: (1) public utilities regulated by the New York Public Service Commission; and (2) not-for-profit exchanges and boards of trade regulated by the Securities and Exchange Commission or the Commodity Futures Trading Commission.