(a) In general
Notwithstanding any other provision of law, the Administrator of the Federal Emergency Management Agency shall transfer any unobligated amounts provided to the Federal Emergency Management Agency in any Act for COVID–19 relief to the Disaster Relief Fund.
(b) Rescission of earmarked funds
Notwithstanding any other provision of law, the Administrator shall have the authority to transfer any amounts provided to the Federal Emergency Management Agency to recover from a major disaster declaration that have passed the initial period of performance for the disaster declaration for which the funds were provided to the Disaster Relief Fund.