HR 1542
108th Congress
House
Emergency Management
Crime and Law Enforcement
Disaster loans
Disaster relief
EBB Terrorism
Economics and Public Finance
Federal-local relations
Federal-state relations
Finance and Financial Sector
Government Operations and Politics
Government lending
Income tax
Interest
International Affairs
Local finance
Local taxation
New York City
New York State
September 11, 2001
State finance
Whatever It Takes To Rebuild Act of 2003
Introduced: April 1, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 2, 2003
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Apr 1, 2003
Referred to the House Committee on Transportation and Infrastructure.
Apr 1, 2003
Introduced in House
Plain-English summary
Whatever It Takes To Rebuild Act of 2003 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to: (1) authorize the President to make community disaster loans to State governments; (2) eliminate the $5 million limit on the amount of any such loan; and (3) prohibit the President from requiring the payment of any interest or principal on such a loan made to a State or local government which may suffer a substantial loss of tax and other revenues as a result of a major disaster caused by a terrorist attack. Provides that this Act shall apply to any major disaster occurring on or after October 30, 2000.
Authorizes the President to make community disaster loans to New York City and the State of New York for tax and other revenue losses as a result of the major disaster caused by the terrorist attacks of September 11, 2001. Provides that the total amount of such loans shall be $8.8 billion or such greater amount as is determined by the President to be necessary to cover such losses. Prohibits the President from requiring the payment of any interest or principal on such loans.
What's happening now
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Committees of jurisdiction
2
Cosponsors
1