HR. 2836In Committee
FEMA Loan Interest Payment Relief Act
Requires FEMA to reimburse qualifying loan interest for disaster and emergency projects later paid with FEMA assistance, including certain retroactive and pending state projects
Plain-English overview
What this bill does
Requires FEMA to reimburse qualifying loan interest for disaster and emergency projects later paid with FEMA assistance, including certain retroactive and pending state projects
Key points
- Require FEMA interest reimbursements
- Direct FEMA reimbursement procedures
- Limit reimbursable interest rates
- Extend retroactive loan interest coverage
Current status
Where it stands
Status
In Committee
Latest action
2025-04-10 — Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Related context
Topics and policy areas
undefinedEmergency Management