The purpose of this legislation is to require a study on the consolidation of certain federal grant programs that are available to insular areas, specifically focusing on how this consolidation could benefit Puerto Rico. The bill aims to address the challenges Puerto Rico faces due to its ongoing economic crisis and the aftermath of natural disasters, by exploring ways to streamline access to federal funding. Key provisions of the legislation include a mandate for the Comptroller General of the United States to conduct a study within one year of the bill's enactment.