H.R. 2319/S. 1117 – Restoring Money Market Mutual Funds for Disaster Recovery

As our states and communities seek to recover from some of the costliest natural disasters in our nation’s history, they need more than government disaster assistance to repair and rebuild homes, schools, hospitals, utilities, businesses, bridges, roads and other critical infrastructure. They need low-cost private sector financing, and money market funds are among the most efficient sources of capital for infrastructure investment and economic development.