H. R. 2672, known as the “FEMA Loan Interest Payment Relief Act,” seeks to change the Robert T. Stafford Disaster Relief and Emergency Assistance Act. The bill allows the federal government to pay back local governments or electric cooperatives for interest they owe on...
Simple Explanation
H.R. 2672, also called the "FEMA Loan Interest Payment Relief Act," is like saying the government will help small towns and power companies pay back some extra money they owe after borrowing for emergencies, even if those loans were taken up to seven years ago.