H.R. 3779 · 116th Congress
Resilience Revolving Loan Fund Act of 2019
- Stage
- Reported from committee
- Sponsor
- Angie Craig
- Introduced
- 2019-07-16
- Latest action
- 2020-09-04 · Reported (Amended) by the Committee on Transportation and Infrastructure. H. Rept. 116-486.
Summary
Resilience Revolving Loan Fund Act of 2019
This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.
Such funds shall provide assistance to local governments to carry out projects to reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.