HR 8701
FEMA Loan Interest Payment Relief Act
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the FEMA Loan Interest Payment Relief Act, aims to help local governments and electric cooperatives recover costs associated with disaster relief loans. It allows FEMA to reimburse these entities for interest payments on qualifying loans taken out in the five years leading up to the bill’s enactment. The bill defines what constitutes a ‘qualifying loan’ and establishes a process for FEMA to determine and provide this reimbursement. This legislation seeks to ease the financial burden on communities impacted by disasters.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Garret Graves
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.