Transportation and Infrastructure Committee, Economic Development, Public Buildings, and Emergency Management Subcommittee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
FEMA Loan Interest Payment Relief Act This bill directs the Federal Emergency Management Agency (FEMA) to reimburse local governments or electric cooperatives for interest expenses for loans pertaining to disaster relief. Any qualifying interest incurred by a local government or electric cooperative in the five years preceding this bill's enactment shall be treated as eligible for financial assistance for purposes of this bill.
Disaster relief and insuranceGovernment lending and loan guaranteesInterest, dividends, interest ratesPublic utilities and utility ratesState and local financeState and local government operations
FEMA Loan Interest Payment Relief Act
USA116th CongressHR-8701| House
| Updated: 11/2/2020
FEMA Loan Interest Payment Relief Act This bill directs the Federal Emergency Management Agency (FEMA) to reimburse local governments or electric cooperatives for interest expenses for loans pertaining to disaster relief. Any qualifying interest incurred by a local government or electric cooperative in the five years preceding this bill's enactment shall be treated as eligible for financial assistance for purposes of this bill.
Disaster relief and insuranceGovernment lending and loan guaranteesInterest, dividends, interest ratesPublic utilities and utility ratesState and local financeState and local government operations