Bills · 2021-2022 Regular Session
Relating to: creating a hazard mitigation revolving loan program and making an appropriation. (FE)
Loan Military affairs department of Municipality — Finance Natural disaster Trust fund United states — Federal emergency management agency
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill authorizes the Division of Emergency Management in the Department
of Military Affairs to enter into an agreement with the Federal Emergency
Management Agency (FEMA) to receive federal funding for the purpose of
establishing a hazard mitigation revolving loan program. The bill creates a separate,
nonlapsible trust fund, designated as the Hazard Mitigation Revolving Loan Fund,
to accept money from FEMA under the federal Safeguarding Tomorrow through
Ongoing Risk Mitigation (STORM) Act, Public Law 116-284. Under the bill, if DMA
enters into such an agreement with FEMA, DMA must provide loans to local units
of government for hazard mitigation projects in accordance with the requirements
of the STORM Act.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 9, 2022 · Senate
Introduced by Senator Jacque; cosponsored by Representative Krug
- Feb 9, 2022 · Senate
Read first time and referred to Committee on Transportation and Local Government
- Mar 7, 2022 · Senate
Fiscal estimate received
- Mar 15, 2022 · Senate
Failed to pass pursuant to Senate Joint Resolution 1