Rep. Davis, Sen. Durbin, and Rep. Schneider Champion Bill to Help Illinois Recover from the Pandemic by Waiving Interest on Federal Unemployment Loans
Representative Danny K. Davis (D-IL) joined with Senator Dick
Durbin (D-IL) and Representative Brad Schneider (D-IL) to champion the Continued Waiver of Interest on State Unemployment Loans during the Pandemic Act. This legislation would extend the waiver of interest payments on federal unemployment loans during the pandemic to help Illinois and other states financially as they support their constituents
and respond to the dual economic and health crises.
times during the pandemic. Multiple state comptrollers – led by
Illinois State Comptroller Susana Mendoza – raised the need for the federal government to extend the waiver on the interest on these loans since the country is still grappling with the pandemic and since states continue to cope with the financial consequences of these dual crises.
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