Disaster Recovery Reform Act of 2012

[AI summary unavailable — showing source text] Disaster Recovery Reform Act of 2012 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Stafford Act) to direct the President, for purposes of hazard mitigation assistance, to ensure that: (1) environmental reviews and historic preservation reviews are completed on an expeditious basis, and (2) the shortest existing applicable process under the National Environmental Policy Act of 1969 and the National Historic Preservation Act is utilized. Authorizes the President to provide not more than 25% of the amount of the estimated cost of hazard mitigation measures to a state grantee before eligible costs are incurred. Requires the Administrator of the Federal Emergency Management Agency (FEMA) to review, update, and revise factors relating to trauma to measure the severity, magnitude, and impact of a disaster. Authorizes the President, acting through the Administrator, to approve public assistance projects for major disasters or emergencies under alternative procedures with the goal of: (1) reducing the costs to the federal government of providing such assistance; (2) increasing flexibility in the administration of assistance; (3) expediting the provision of as…