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The American Rescue Plan Act now heads back to the U.S. House, with Democrats aiming to have it signed into law this week.
If the measure passes the House, small insurance businesses will have until Aug. 8 to apply for the popular relief loans.
The measure reimburses local governments for the cost of preparing for the virus as well as a $500M investment in telehealth programs.
Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday.
Lawmakers reached an agreement on the bill, H.R. 2157.
The strategy makes an end run around House Democrats who say they were shut out of the final crafting of the disaster package.
The White House asked Congress for $44 billion in hurricane aid, including funds designated for Texas and Florida, while most of Puerto Ricos needs would be addressed in a future request.
The measure, passed 82-17, gives Puerto Rico access to $4.9 billion in low-interest Treasury loans and would also replenish the troubled National Flood Insurance Program, which runs out of money as early as this week.
The House passed a $36.5 billion hurricane and wildfire relief bill Thursday that would give Puerto Rico access to $4.9 billion in low-interest Treasury loans and allow the troubled NFIP to keep paying claims.
Congress cleared legislation Friday to suspend the U.S. debt limit and provide $15.25 billion for hurricane relief under a deal between President Donald Trump and Democrats.
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Dennis" }, { "webUrl": "/author/profile/laura-litvan/", "name": "Laura Litvan" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The American Rescue Plan Act now heads back to the U.S. House, with Democrats aiming to have it signed into law this week.", "body": null }, { "uri": "/2020/07/02/senate-passes-ppp-extension-414-182322/", "title": "Senate passes PPP deadline extension", "byline": "Erik Wasson and Mark Niquette", "kicker": "News", "prettyDate": "July 02, 2020", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2020/07/2020-6-18-capitol_rotunda_washington_ALM_MI_diego-m-radzinschi.jpg", "width": "617", "height": "411" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" }, { "webUrl": "/author/profile/mark-niquette/", "name": "Mark Niquette" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "If the measure passes the House, small insurance businesses will have until Aug. 8 to apply for the popular relief loans.", "body": null }, { "uri": "/2020/03/06/trump-signs-7-8-billion-virus-bill-after-infections-increase/", "title": "Trump signs $7.8 billion virus bill after infections increase", "byline": "Erik Wasson and Justin Sink", "kicker": "News", "prettyDate": "March 06, 2020", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2020/03/Trump-Bloomberg.jpg", "width": "620", "height": "372" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" }, { "webUrl": "/author/profile/justin-sink/", "name": "Justin Sink" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The measure reimburses local governments for the cost of preparing for the virus as well as a $500M investment in telehealth programs.", "body": null }, { "uri": "/2019/05/30/congress-extends-national-flood-insurance-program-nfip-by-two-weeks/", "title": "Congress extends National Flood Insurance Program (NFIP) by two weeks", "byline": "Erik Wasson", "kicker": "News", "prettyDate": "May 30, 2019", "timeToRead": "2 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/05/MissouriFlooding2019.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday.", "body": null }, { "uri": "/2019/05/24/senate-passes-19-1-billion-relief-package-for-natural-disasters/", "title": "Senate passes $19.1 billion relief package for natural disasters", "byline": "Erik Wasson and Steven T. Dennis", "kicker": "News", "prettyDate": "May 24, 2019", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/05/capitol-building-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" }, { "webUrl": "/author/profile/steven-t-dennis/", "name": "Steven T. Dennis" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Lawmakers reached an agreement on the bill, H.R. 2157.", "body": null }, { "uri": "/2017/12/19/house-gop-to-add-81-billion-disaster-package-to-stopgap-funding/", "title": "House GOP to add $81 billion disaster package to stopgap funding", "byline": "Erik Wasson", "kicker": "News", "prettyDate": "December 19, 2017", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The strategy makes an end run around House Democrats who say they were shut out of the final crafting of the disaster package.", "body": null }, { "uri": "/2017/11/17/trump-44-billion-disaster-request-puts-off-puerto/", "title": "Trump $44 billion disaster request puts off Puerto Rico demands", "byline": " Erik Wasson ", "kicker": "News", "prettyDate": "November 17, 2017", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The White House asked Congress for $44 billion in hurricane aid, including funds designated for Texas and Florida, while most of Puerto Ricos needs would be addressed in a future request.", "body": null }, { "uri": "/2017/10/24/senate-passes-36-5b-hurricane-relief-nfip-funding-wildfire-fighting-bill/", "title": "Senate passes $36.5B hurricane relief, NFIP funding & wildfire fighting bill", "byline": "Erik Wasson", "kicker": "News", "prettyDate": "October 24, 2017", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The measure, passed 82-17, gives Puerto Rico access to $4.9 billion in low-interest Treasury loans and would also replenish the troubled National Flood Insurance Program, which runs out of money as early as this week.", "body": null }, { "uri": "/2017/10/13/house-passes-storm-aid-with-puerto-rico-flood-cove/", "title": "House passes storm aid with Puerto Rico, flood coverage lifeline", "byline": "Erik Wasson", "kicker": "News", "prettyDate": "October 13, 2017", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The House passed a $36.5 billion hurricane and wildfire relief bill Thursday that would give Puerto Rico access to $4.9 billion in low-interest Treasury loans and allow the troubled NFIP to keep paying claims.", "body": null }, { "uri": "/2017/09/08/congress-sends-hurricane-aid-debt-ceiling-package/", "title": "Congress sends hurricane aid, debt ceiling package to Trump", "byline": " Erik Wasson ", "kicker": "News", "prettyDate": "September 08, 2017", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-wasson/", "name": "Erik Wasson" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Congress cleared legislation Friday to suspend the U.S. debt limit and provide $15.25 billion for hurricane relief under a deal between President Donald Trump and Democrats.", "body": null } ] } }
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