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DHS/FEMA | RIN: 1660-AA44 | Publication ID: Spring 2009 |
Title: Special Community Disaster Loans Program | |
Abstract: FEMA would amend its regulations to implement loan cancellation provisions for Special Community Disaster Loans (Special CDLs), which were provided by FEMA to local governments in the Gulf region following Hurricanes Katrina and Rita. This proposed rule would not automatically cancel all Special CDLs, but would propose the procedures and requirements for governments who received Special CDLs to apply for cancellation of loan obligations as authorized by the U.S. Troop Readiness VeteransÂ’ Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007 (Troop Act). With the passage of the Troop Act, FEMA has the discretionary ability to cancel Special CDLs subject to the limitations of section 417(c) of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (Stafford Act). Under section 417 of the Stafford Act, FEMA is authorized to cancel a loan if it determines that "the revenues of the local government during the full three fiscal year period following the disaster are insufficient to meet the operating budget for the local government, including additional unreimbursed disaster-related expenses for a municipal operating character." Since the cancellation provisions of section 417 of the Stafford Act already exist in the Traditional CDL Program regulations at 44 CFR 206.366, and section 417 of the Stafford Act provides the basis for cancellation of loans under both the Special CDL Program and the Traditional CDL Program, FEMA would propose to mirror the Traditional CDL cancellation provisions for Special CDLs. This rule would not affect the cancellation provisions for the Traditional CDL Program. | |
Agency: Department of Homeland Security(DHS) | Priority: Economically Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Yes | Unfunded Mandates: No |
CFR Citation: 44 CFR 206 | |
Legal Authority: 42 USC 5121 to 5207 |
Legal Deadline:
None |
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Timetable:
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Additional Information: Docket ID FEMA-2005-0051 | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal, Local, State, Tribal |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: Yes | |
RIN Information URL: www.regulations.gov | Public Comment URL: www.regulations.gov |
RIN Data Printed in the FR: No | |
Agency Contact: James A. Walke Mitigation Directorate Department of Homeland Security Federal Emergency Management Agency 1800 South Bell Street, Arlington, VA 20598-3030 Phone:202 646-2751 Fax:202 646-3074 Email: james.walke@fema.dhs.gov |