US
Us Congress House Bill HB10088

Us Congress 2023-2024 Regular Session

Us Congress House Bill HB10088

Introduced
11/1/24  

Caption

Helene Recovery Support Act

Impact

In addition to direct disaster relief funding, HB10088 rescinds $15 billion in unobligated balances from the Pension Benefit Guaranty Corporation, reallocating those funds towards disaster recovery. The bill also includes provisions for $1.5 billion to be directed towards Economic Injury Disaster Loans for small businesses affected by the hurricanes. These loans will help ensure that local businesses can maintain operations during the recovery phase, fostering economic stability in the affected regions.

Summary

House Bill 10088, titled the 'Helene Recovery Support Act', focuses on providing significant disaster assistance in the aftermath of Hurricanes Helene and Milton. The bill appropriates $12.5 billion to the Federal Emergency Management Agency (FEMA) for disaster relief efforts under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. This substantial funding aims to aid areas impacted by the hurricanes, enabling recovery for communities struggling due to this natural disaster.

Contention

One key point of contention surrounding HB10088 relates to its provision that terminates federal funding for the Shelter and Services Program. Critics argue that eliminating support for this program may leave vulnerable populations without necessary assistance during and after disasters. This aspect of the bill has drawn scrutiny from various stakeholders, including community organizations and advocacy groups that fear the loss of shelter services could exacerbate the struggles of those impacted by the hurricanes.

Latest HB10088 Activity

Companion Bills

No companion bills found.

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