HR 8701
116th Congress
House
Emergency Management
Disaster relief and insurance
Government lending and loan guarantees
Interest, dividends, interest rates
Public utilities and utility rates
State and local finance
State and local government operations
FEMA Loan Interest Payment Relief Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 2, 2020
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Oct 30, 2020
Referred to the House Committee on Transportation and Infrastructure.
Oct 30, 2020
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Committees of jurisdiction
2