Helene Recovery Support Act

Hozzl · 2024-11-05T11:08:18Z

Explore the details of House Bill 10088 Helene Recovery Support Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

11/5/2024, 11:08 AM

Summary of Bill HR 10088

Bill 118 hr 10088, also known as the Disaster Relief and Emergency Assistance Act, aims to provide financial assistance to areas affected by Hurricanes Helene and Milton. The bill appropriates funds to support relief efforts under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. Additionally, the bill includes provisions to rescind unobligated balances and establish a new markets tax credit for low-income communities impacted by the hurricanes.

The primary focus of the bill is to provide aid to communities that have been devastated by the hurricanes, ensuring that they have the resources needed to recover and rebuild. The new markets tax credit is designed to stimulate economic growth in these low-income areas, helping them to recover and thrive in the aftermath of the disasters.

Overall, Bill 118 hr 10088 seeks to address the immediate needs of communities affected by Hurricanes Helene and Milton, while also laying the groundwork for long-term recovery and revitalization. It is an important piece of legislation that aims to support those who have been most severely impacted by these natural disasters.

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Current Status of Bill HR 10088

Bill HR 10088 is currently in the status of Bill Introduced since November 1, 2024. Bill HR 10088 was introduced during Congress 118 and was introduced to the House on November 1, 2024. Bill HR 10088's most recent activity was Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Appropriations, Ways and Means, Financial Services, and Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of November 1, 2024

Bipartisan Support of Bill HR 10088

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Policy Area and Potential Impact of Bill HR 10088

Primary Policy Focus

Alternate Title(s) of Bill HR 10088

Helene Recovery Support ActHelene Recovery Support ActTo appropriate certain amounts to provide assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, to rescind certain unobligated balances, and to establish additional new markets tax credit for low-income communities affected by Hurricanes Helene and Milton, and for other purposes.

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