This legislation mandates that the Administrator of the Federal Emergency Management Agency (FEMA) take over the administration of the Next Generation Warning System grant program . FEMA is required to disburse all obligated funds from fiscal year 2022 within 180 days of the bill's enactment. Furthermore, the agency must begin the process of awarding grants using funds made available for fiscal years 2023 and 2024 under various Consolidated Appropriations Acts. The bill also directs the Secretary of Homeland Security, acting through the Under Secretary for Science and Technology, to carry out research and development. This R&D, to be conducted in consultation with federal, state, local, tribal governments, and critical infrastructure owners, aims to improve the accessibility, resiliency, and security of emergency warning systems . A report detailing these research and development activities must be submitted to Congress within two years of the bill's enactment.