The purpose of this legislation, known as the SMART Act, is to direct the Federal Emergency Management Agency (FEMA) to conduct a thorough study on the effectiveness and long-term benefits of hazard mitigation activities funded by the agency across the United States. The goal is to evaluate how these activities can save costs, improve community preparedness, and enhance the overall response to natural disasters. Key provisions of the SMART Act include a requirement for FEMA to assess various aspects of its hazard mitigation programs.