HR 8701 · 116th Congress 2019–2021, ended

FEMA Loan Interest Payment Relief Act

Latest action · Nov 2, 2020 Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedOct 30, 2020
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

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.

Cosponsors 3

Members who signed on, in the order they did. Signatures ran from Oct 30, 2020 to Dec 3, 2020; 1 is an original cosponsor, there from the day it was introduced.

SeatCosponsorSigned on
D-FLDarren SotoOriginalOct 30, 2020
R-LAGarret GravesDec 2, 2020
R-FLJohn H. RutherfordDec 3, 2020

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

Actions 3

Everything that happened, newest first.

  1. Nov 2, 2020Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
  2. Oct 30, 2020Introduced in House
  3. Oct 30, 2020Referred to the House Committee on Transportation and Infrastructure.

In the Congressional Record 1

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
HouseLists H5715H.R. 8701–8723—Oct 30, 2020

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Artical 1, Section 8 of the United States Constitution

The sponsor’s statement, as printed in the Congressional Record, vol. 166, no. 186, October 30, 2020, page H5715.

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 2669FEMA Loan Interest Payment Relief ActReintroduced BillApr 21, 2021
S 3407Fairness in Disaster Relief ActRelated billMar 5, 2020

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
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.
Short Title(s) as Introduced
FEMA Loan Interest Payment Relief Act

Subjects

Assigned by the Library of Congress. Policy area: Emergency Management.

Text 1

Each version as it was printed, newest first.

  1. Oct 30, 2020Introduced in House

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.