Rod Grams: “But I believe we must also consider the types of non financial assistance which would benefit the people of southern…”

“But I believe we must also consider the types of non financial assistance which would benefit the people of southern California. That is why today I am introducing the Depository Institutions Disaster Relief Act of 1994. This legislation would provide much-needed regulatory relief for lenders and consumers in those areas affected by the earthquake--especially those concerned about restructing loans and avoiding foreclosures because of late payments. I strongly urge my colleagues to cosponsor the DIDRA 1994 legislation--and provide additional help to the people of California without costing the U.S. Treasury a cent.”