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H.R. 8701 116th Congress House

FEMA Loan Interest Payment Relief Act

Official title: To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide for the authority to reimburse local governments or electric cooperativ… Show full official titleShow less

Official title: To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide for the authority to reimburse local governments or electric cooperatives for interest expenses, and for other purposes.

Introduced: October 30, 2020 Introduced by: Neal P. Dunn Republican · Florida See on congress.gov
Emergency Management Disaster relief and insuranceGovernment lending and loan guaranteesInterest, dividends, interest ratesPublic utilities and utility rates
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State and local financeState and local government operations
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action November 2, 2020

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

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 2
  • HR 2669 Reintroduced Bill FEMA Loan Interest Payment Relief Act
  • S 3407 Fairness in Disaster Relief Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 1 Republican 1
R
Rutherford, John H.
Florida · Dec 3, 2020
Graves, Garret
· Dec 2, 2020
 D
Soto, Darren
Florida · Oct 30, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8701: FEMA Loan Interest Payment Relief Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8701/
MLA
"H.R. 8701: FEMA Loan Interest Payment Relief Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8701/.
Bluebook (legal)
H.R. 8701, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8701/.
Markdown link
[H.R. 8701: FEMA Loan Interest Payment Relief Act](https://openamerica.io/bill/116-HR-8701/)
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