Risk-Based Homeland Security Funding Act

This bill would change how the federal government distributes homeland security grants intended for terrorism prevention and preparedness. Instead of distributing funds based on population or geographic formulas, the Department of Homeland Security would be required to award these grants based on a specific assessment of risk, threats, and vulnerabilities.

For citizens, this means federal tax dollars would be prioritized for areas and infrastructure identified as being at the highest risk for potential attacks. The legislation also prohibits local governments from using these specific security funds for general expenses unrelated to terrorism preparedness. While this bill was introduced in 2005, it did not advance past the introductory stage in the Senate.