The bill would let the President waive a rule that generally bars disaster assistance from covering losses already covered by other assistance. A governor could request a waiver for a state or for a person, business, or other entity with losses from a major disaster or emergency declared in 2023 or 2024. The President must find that a waiver serves the public interest and will not cause waste, fraud, or abuse, and must approve or deny a request within 45 days. The bill also says certain federal loans cannot be treated as duplicate assistance and bars income limits on waiver eligibility.
If you or your business had losses from a qualifying disaster, a governor could request a waiver on your behalf. The bill does not guarantee that the President would grant it.
The bill text does not specify costs or funding amounts.
No publicly available information.
No publicly available information.