Parity in Emergency Preparedness and Response Act of 2001

Parity in Emergency Preparedness and Response Act of 2001 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to: (1) make private for-profit medical facilities (including hospitals and long-term care facilities) eligible for Federal disaster assistance (currently limited to non-profits); (2) revise the definition of "emergency preparedness" to include under measures to be undertaken in preparation for anticipated hazards the preparation of private nonprofit and for-profit medical facilities; (3) include the preparation of such medical facilities to withstand such disasters within emergency preparedness for purposes of the Federal Emergency Management Agency's contribution to States; and (4) define the term "long-term care facility" to mean any skilled nursing facility, any nursing facility, and any other long-term care facility, such as an intermediate care facility for the mentally retarded.