110-H.AMDT.87 to 110-H.R.1361

Amendment provides Hurricanes Katrina, Rita, and Wilma disaster victims with the option of receiving a four year deferment period to pay back their disaster loans.

H.AMDT.87(A004)
Amends: H.R.1361
Sponsor: Rep Jindal, Bobby [LA-1](offered 4/18/2007)

AMENDMENT DESCRIPTION:
Amendment provides Hurricanes Katrina, Rita, and Wilma disaster victims with the option of receiving a four year deferment period to pay back their disaster loans.

AMENDMENT PURPOSE:
An amendment numbered 3 printed in House Report 110-97 to provide Hurricanes Katrina, Rita, and Wilma disaster victims with an option of receiving an increased four year deferment period for disaster loans. Section 204 of the underlying bill extends this option to future disaster victims; the amendment makes it retroactive to the 2005 hurricanes.

STATUS:

    4/18/2007 3:33pm:
    Amendment (A004) offered by Mr. Jindal. (consideration: CR H3522-3523; text: CR H3522)
    4/18/2007 3:33pm:
    Jindal amendment (A004) modified by unanimous consent. Modification adds at the end of title II a new section on gulf coast disaster loan refinancing program.
    4/18/2007 3:39pm:
    On agreeing to the Jindal amendment (A004) as modified Agreed to by voice vote. (text as modified: CR H3522)

View comments | (Close Window)