releases: https://sablan.house.gov/fy21-governor-gets-loan-request
Data license: MIT · Data source: dwillis/congress-press
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| url | title | date | year | month | party | chamber | state | member_name | bioguide_id | domain | scraper | source | date_source | text | has_text | collected_at | updated_at |
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| https://sablan.house.gov/fy21-governor-gets-loan-request | FY21: Governor gets loan request | 2020-07-13 | 2020 | 2020-07 | Democrat | House | MP | Gregorio Sablan | S001177 | sablan.house.gov | legacy | FY21: Governor gets loan request Jul 12, 2020 At a meeting on May 20, Governor Ralph Torres asked me for a change in the law, so the Commonwealth could borrow about $90 million through the Federal Emergency Management Administration's Community Disaster Loan program. I fulfilled that request with language in Section 312 of the FY21 appropriation for the Department of Homeland Security, released this week. Inclusion in the Democratic majority's base bill means the loan provision will pass in the House. So only an objection in the Republican Senate or from the President would kill the Governor's request. Current law allows municipalities to receive Community Disaster Loans, not a state-level government like the Commonwealth. Current law also caps the loans at $5 million. The language I had added to the appropriations bill removes those two barriers. The Commonwealth suffered significant lost revenues and increased operations expenses as a result of the back-to-back typhoons in 2018; and the loan is intended to cover that difference. My language also gives three years to apply, rather than the usual two, so the Commonwealth can reach back and claim the 2018 losses. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |