[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8116 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 8116

To amend the Act entitled ``An Act to authorize certain appropriations 
    for the territories of the United States, to amend certain Acts 
relating thereto, and for other purposes'' to provide partial advanced 
  payment for grants awarded to Insular Areas, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            August 28, 2020

   Mr. Sablan (for himself, Mr. San Nicolas, Ms. Plaskett, and Mrs. 
  Radewagen) introduced the following bill; which was referred to the 
                     Committee on Natural Resources

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                                 A BILL


 
To amend the Act entitled ``An Act to authorize certain appropriations 
    for the territories of the United States, to amend certain Acts 
relating thereto, and for other purposes'' to provide partial advanced 
  payment for grants awarded to Insular Areas, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Insular Area Liquidity Act''.

SEC. 2. CAPITAL ADVANCE FOR GRANTS AWARDED TO INSULAR AREAS.

    Section 501 of the Act entitled ``An Act to authorize certain 
appropriations for the territories of the United States, to amend 
certain Acts relating thereto, and for other purposes'' (48 U.S.C. 
1469a; Public Law 95-134) is amended by adding at the end the 
following:
    ``(e) Each department or agency making a grant to an Insular Area 
shall provide to the Insular Area--
            ``(1) not less than 50 percent of the grant funds through 
        advanced payments, as defined in section 200.3 of title 2, Code 
        of Federal Regulations; and
            ``(2) additional monitoring and technical assistance to 
        manage the grant funds.''.

SEC. 3. EFFECTIVE DATE.

    The amendment made by this Act shall take effect on October 1 of 
the first fiscal year that begins after the date of the enactment of 
this Act.
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