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The original item was published from 9/28/2020 5:34:09 PM to 9/29/2020 12:00:02 AM.

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Posted on: September 28, 2020

[ARCHIVED] Federal Budget Deal Reached

It appears a federal shutdown will be averted, as the House and Senate were able to reach an agreement on a Continuing Resolution to carry the government from the end of the Fiscal Year, on September 30, until December 11, five weeks after the elections. Early next week, the Senate is expected to take up the bill, which was passed by the House on Tuesday. At this time, it appears that the President will sign the stopgap spending bill into law.

Important for many of our members, the bill will also extend the National Flood Insurance Program (NFIP) until December 11. The NFIP was also set to expire on September 30. The authorization for federal surface transportation investments, which was another priority expiring on that date, will, likewise, be extended into December. The bill will make $13.6 billion available for those purposes.

All of New Jersey’s 12 Representatives in the House voted in favor of H.R. 8387.

Contact: Jon Moran, Senior Legislative Analyst, jmoran@njlm.org, 609-695-3481 x121.

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