US HB2594 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on June 1 2015 - 25% progression, died in committee
Action: 2015-06-02 - Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Pending: House Subcommittee on Economic Development, Public Buildings and Emergency Management Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 1 2015 - 25% progression, died in committee
Action: 2015-06-02 - Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Pending: House Subcommittee on Economic Development, Public Buildings and Emergency Management Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Disaster Survivor Benefit Clarification Act of 2015 Expresses the sense of Congress that disaster loans made by the Small Business Administration (SBA) that carry interest and must be repaid should not be considered the same type of benefit as a grant from the Federal Emergency Management Agency for purposes of calculating duplication of benefits under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. Amends the Stafford Act to provide that an SBA disaster loan made on or after January 1, 2012, shall not be considered financial assistance for purposes of the prohibition on receiving duplicative disaster assistance if: (1) such loan has been repaid in full; or (2) the borrower is making the required payments on time. Deems the borrower of any such loan made by the date of this Act's enactment for which the borrower was not making the required payments on time to be compliant with this Act if, within 60 days, the borrower becomes current on the loan payments.
Title
Disaster Survivor Benefit Clarification Act of 2015
Sponsors
Rep. Thomas MacArthur [R-NJ] | Rep. Christopher Smith [R-NJ] | Rep. Daniel Donovan [R-NY] |
History
Date | Chamber | Action |
---|---|---|
2015-06-02 | House | Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. |
2015-06-01 | House | Referred to the House Committee on Transportation and Infrastructure. |
2015-06-01 | House | Introduced in House |
Subjects
Disaster relief and insurance
Emergency management
Government lending and loan guarantees
Small business
Emergency management
Government lending and loan guarantees
Small business
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/2594/all-info |
Text | https://www.congress.gov/114/bills/hr2594/BILLS-114hr2594ih.pdf |