Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Oct 30, 2020
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.
Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.
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