HR 2672
118th Congress
House
Emergency Management
Disaster relief and insurance
Electric power generation and transmission
Government lending and loan guarantees
Interest, dividends, interest rates
State and local finance
State and local government operations
FEMA Loan Interest Payment Relief Act
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
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
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
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
Placed on the Union Calendar, Calendar No. 657.
Dec 4, 2024
Reported by the Committee on Transportation and Infrastructure. H. Rept. 118-796.
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
Referred to the House Committee on Transportation and Infrastructure.
Apr 18, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.