Skip to main content
HR 2594 114th Congress House Emergency Management Disaster relief and insurance Government lending and loan guarantees Small business

Disaster Survivor Benefit Clarification Act of 2015

Introduced: June 1, 2015 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 2, 2015
Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Jun 1, 2015
Referred to the House Committee on Transportation and Infrastructure.
Jun 1, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Disaster Survivor Benefit Clarification Act of 2015

Expresses the sense of Congress that disaster loans made by the Small Business Administration (SBA) that carry interest and must be repaid should not be considered the same type of benefit as a grant from the Federal Emergency Management Agency for purposes of calculating duplication of benefits under the Robert T. Stafford Disaster Relief and Emergency Assistance Act.

Amends the Stafford Act to provide that an SBA disaster loan made on or after January 1, 2012, shall not be considered financial assistance for purposes of the prohibition on receiving duplicative disaster assistance if: (1) such loan has been repaid in full; or (2) the borrower is making the required payments on time. Deems the borrower of any such loan made by the date of this Act's enactment for which the borrower was not making the required payments on time to be compliant with this Act if, within 60 days, the borrower becomes current on the loan payments.

What's happening now June 2, 2015

Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1