(1) HSPD-8 and Post Katrina Emergency Management Reform Act (PKEMRA) require a comprehensive system to assess, on an on-going basis, the Nation's capabilities and overall preparedness, including operational readiness. (2) PKEMRA: "Within 12 months, and annually thereafter, submit to Congress a report on the Nation's level of preparedness for all-hazards". It also requires that State submit an annual preparedness report. (3) The Target Capabilities List (TCL) provides a framework and guide for all-hazards preparedness. Stakeholders have indicated that while it contains useful information, they are not sure how to use it. (4) A tool with wide utility is needed to meet national preparedness requirements, and facilitate use of a capabilities-based approach to planning and preparedness". (FEMA, National Preparedness System: Current Prototype & Proposed Implementation Approach, August 2, 2007, slide 14)