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H.R. 2672 118th 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: April 18, 2023 Introduced by: Neal P. Dunn Republican · Florida See on congress.gov
Emergency Management Disaster relief and insuranceElectric power generation and transmissionGovernment lending and loan guaranteesInterest, dividends, interest rates
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State and local financeState and local government operations
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 10, 2024
Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Dec 9, 2024
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6533)
Dec 9, 2024
Motion to reconsider laid on the table Agreed to without objection.
Dec 9, 2024
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6533)
Dec 9, 2024
DEBATE - The House proceeded with forty minutes of debate on H.R. 2672.
Dec 9, 2024
Considered under suspension of the rules. (consideration: CR H6532-6534)
Dec 9, 2024
Mr. Graves (LA) moved to suspend the rules and pass the bill, as amended.
Dec 4, 2024
Reported by the Committee on Transportation and Infrastructure. H. Rept. 118-796.
Dec 4, 2024
Placed on the Union Calendar, Calendar No. 657.
Sep 18, 2024
Ordered to be Reported by Unanimous Consent.
Sep 18, 2024
Committee Consideration and Mark-up Session Held
Sep 18, 2024
Subcommittee on Economic Development, Public Buildings, and Emergency Management Discharged
Apr 19, 2023
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Apr 18, 2023
Introduced in House
Apr 18, 2023
Referred to the House Committee on Transportation and Infrastructure.
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 Latest action December 10, 2024

Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

 Plain-English summary Congressional Research Service

FEMA Loan Interest Payment Relief Act

This bill directs the Federal Emergency Management Agency (FEMA) to provide financial assistance to a local government or electric cooperative as reimbursement for interest paid on a loan used for emergency or disaster recovery activities later paid for by FEMA assistance. The interest that qualifies for reimbursement may not exceed the amount of interest that would have been paid if the loan's interest rate were equal to the most recent prime rate. 

 Related & companion bills 3
  • HR 2669 Reintroduction of FEMA Loan Interest Payment Relief Act
  • S 116 The Hurricanes of 2022 Disaster Relief Rectification Act
  • S 1180 FEMA Loan Interest Payment Relief Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Lobbying activity 4

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

 Cosponsors 33
All 33 Democratic 7 Republican 20 Independent 1
I
Kiley, Kevin
California · Sep 19, 2024
Phillips, Dean
· Sep 9, 2024
 R
Stauber, Pete
Minnesota · Jul 22, 2024
 R
Webster, Daniel
Florida · May 15, 2024
 D
Carter, Troy A.
Louisiana · Apr 12, 2024
 R
Letlow, Julia
Louisiana · Sep 18, 2023
Rodgers, Cathy
· Sep 18, 2023
 R
Buchanan, Vern
Florida · Sep 14, 2023
 D
Cherfilus-McCormick, Sheila
Florida · Jun 12, 2023
 R
Diaz-Balart, Mario
Florida · Jun 6, 2023
 D
Frankel, Lois
Florida · Jun 6, 2023
 D
Wasserman Schultz, Debbie
Florida · Jun 6, 2023
 R
Mills, Cory
Florida · May 25, 2023
 R
Lee, Laurel M.
Florida · May 24, 2023
 R
Cammack, Kat
Florida · May 23, 2023
 R
Franklin, Scott
Florida · May 23, 2023
 R
Donalds, Byron
Florida · May 17, 2023
Posey, Bill
· May 17, 2023
 D
Bishop, Sanford D.
Georgia · May 15, 2023
 R
Kelly, Trent
Mississippi · May 15, 2023
 D
Panetta, Jimmy
California · May 15, 2023
 R
Luna, Anna Paulina
Florida · May 11, 2023
 R
Guest, Michael
Mississippi · May 10, 2023
 R
Moore, Barry
Alabama · May 10, 2023
 D
Moskowitz, Jared
Florida · May 10, 2023
 R
Rutherford, John H.
Florida · May 10, 2023
 R
Bean, Aaron
Florida · May 9, 2023
 R
Bilirakis, Gus M.
Florida · May 5, 2023
 R
Higgins, Clay
Louisiana · May 5, 2023
 R
Ezell, Mike
Mississippi · Apr 27, 2023
 R
Gimenez, Carlos A.
Florida · Apr 27, 2023
Graves, Garret
· Apr 18, 2023
 D
Soto, Darren
Florida · Apr 18, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2672: FEMA Loan Interest Payment Relief Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-2672/
MLA
"H.R. 2672: FEMA Loan Interest Payment Relief Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-2672/.
Bluebook (legal)
H.R. 2672, 118th Cong. (2026), https://openamerica.io/bill/118-HR-2672/.
Markdown link
[H.R. 2672: FEMA Loan Interest Payment Relief Act](https://openamerica.io/bill/118-HR-2672/)
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