Loaned Program Money In Disaster Fund

Where it is in the process

Plain-English Summary

This bill requires that any money, including program income, earned by a local government from loans received for natural disaster relief must be deposited into the Natural Disaster Revolving Fund. This fund provides loans to local governments and electric cooperatives for federally declared natural disasters. The bill aims to ensure that funds generated from these disaster relief loans are reinvested back into the revolving fund.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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