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The loan amounts are based on need and cannot exceed either (1) 25 percent of the annual operating budget of that local government for the fiscal year in which the disaster occurs and not exceeding $5,000,000, or (2) if the loss of tax and other revenues of the local government as a result of the disaster is at least 75 percent of the annual ...
The Federal Emergency Management Agency (FEMA) is an agency of the United States Department of Homeland Security (DHS), initially created under President Jimmy Carter by Presidential Reorganization Plan No. 3 of 1978 and implemented by two Executive Orders on April 1, 1979. [1]
Repatriation of currency is when foreign currency is converted back to the currency of the home country. An example would be an American converting British pounds back to U.S. dollars. Repatriation also refers to the payment of a dividend by a foreign corporation to a U.S. corporation.
Sep. 27—ATLANTA — Georgia survivors of Hurricane Idalia who apply for disaster assistance from FEMA may be referred to the U.S. Small Business Administration (SBA) with information on how to ...
In particular, this executive order removes the name of the Federal Emergency Management Agency from previous orders, and replaces it with references to branches of the Department of Homeland Security, in order to bring the previous orders up to date with changes in the structure of the Federal Government. [5
FEMA's Public Assistance Program (PA) provides grants for disaster relief aid to state government agencies, local governments, federally recognized Indian tribes, and private non-profit organisations in the wake of a disaster. [1] The program provides grants for two types of disaster recovery work.
During the Hoover Administration, the federal government gave loans to the states to operate relief programs. One of these, the New York state program TERA (Temporary Emergency Relief Administration), was set up in 1931 and headed by Harry Hopkins, a close adviser to then-Governor Roosevelt. A few years later, as president, Roosevelt asked ...
Tax repatriation refers to the tax imposed by the U.S. on the return of money that multinational corporations make overseas. Before the Tax Cuts and Jobs Act, the IRS required corporations to pay...