Federal Employee Relief: Protecting Against Financial Hardship During Government Shutdowns
This Act aims to protect federal employees and contractors from financial hardship during government shutdowns or debt limit breaches. It provides temporary relief from certain civil liabilities, including rent, mortgages, student loans, and taxes, to help them maintain financial stability during these challenging periods.
Key points
Eviction and Foreclosure Protection: Federal workers cannot be evicted or have property foreclosed without a court order during a shutdown.
Student Loan and Tax Deferment: Allows for deferment of student loan payments and federal income taxes without interest or penalties.
Insurance Policy Protection: Health, life, disability, and auto insurance policies will not lapse due to non-payment of premiums during a shutdown.
Credit Score Safeguard: Utilizing these protections will not negatively impact creditworthiness or lead to credit denial.
Penalty Reduction/Waiver: Courts can reduce or waive fines for non-performance of obligations if materially affected by a shutdown.
Introduced
Citizen Poll