Establishes the "shutdown impact mitigation act" to provide emergency financial assistance and consumer protections to federal employees and.
The "shutdown impact mitigation act" establishes an emergency relief program to provide short-term, zero-interest loans or grants to federal employees and contractors in New York state who experience loss of income due to a federal shutdown. It also offers temporary consumer and housing protections, such as forbearance on late fees, and ensures no adverse credit reporting for affected workers. The Department of Labor will maintain a public portal with information on relief eligibility and participating institutions.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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