To create a zero interest loan program for Federal and District of Columbia employees furloughed or excepted from such furlough during a lapse in Federal appropriations, and for other purposes.
This bill creates a zero-interest loan program for certain federal and District of Columbia employees impacted by a federal government shutdown. Specifically, banks enrolled in the program must offer zero-interest loans, subject to a maximum per-person limit, to such individuals during the first 90 days of a shutdown.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
AppropriationsBanking and financial institutions regulationCredit and credit marketsGovernment employee pay, benefits, personnel management
To create a zero interest loan program for Federal and District of Columbia employees furloughed or excepted from such furlough during a lapse in Federal appropriations, and for other purposes.
USA116th CongressHR-1167| House
| Updated: 2/13/2019
This bill creates a zero-interest loan program for certain federal and District of Columbia employees impacted by a federal government shutdown. Specifically, banks enrolled in the program must offer zero-interest loans, subject to a maximum per-person limit, to such individuals during the first 90 days of a shutdown.