US Congress House Bill 6705 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on May 5 2020 - 25% progression, died in committee
Action: 2020-05-05 - Referred to the House Committee on Oversight and Reform.
Pending: House Oversight and Reform Committee
Text: Latest bill text (Introduced) [PDF]

(1) directs the Department of the Treasury to establish a State and Local Government Coronavirus Relief Program under which Treasury shall make monthly grants to states to make up for revenue lost from March 1-December 31, 2020, due to COVID-19 (i.e., coronavirus disease 2019) and social distancing steps taken by the state and its political subdivisions, and (2) appropriates $500 billion to carry out the program. To be eligible to receive a grant, a state must (1) compile estimates for the revenue lost by the state and each political subdivision, and (2) submit an estimate to Treasury by the 20th of each month. Treasury shall make grant payments to a state within 15 days of receiving a loss estimate. The bill sets forth requirements with respect to pro rata distribution of funds, treatment of overpayments, and distribution to political subdivisions of a state.

Coronavirus State and Local Financial Assistance Act

Rep. Cindy Axne [D-IA]	Rep. Peter King [R-NY]	Rep. Michael San Nicolas [D-GU]	Rep. Abby Finkenauer [D-IA]
Rep. Josh Harder [D-CA]	Rep. Abigail Spanberger [D-VA]	Rep. Katie Porter [D-CA]

Date	Chamber	Action
2020-05-05	House	Referred to the House Committee on Oversight and Reform.
2020-05-05	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/6705/all-info
Text	https://www.congress.gov/116/bills/hr6705/BILLS-116hr6705ih.pdf