US Congress House Bill 6954 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on May 19 2020 - 25% progression, died in committee
Action: 2020-05-19 - Referred to the House Committee on Oversight and Reform.
Pending: House Oversight and Reform Committee
Text: Latest bill text (Introduced) [PDF]

Provides $500 billion for a Coronavirus Local Community Stabilization Fund to address the economic effects of the COVID-19 (i.e., coronavirus disease 2019) pandemic on state, local, and tribal budgets. The bill also expands the uses of payments from the Coronavirus Relief Fund. The bill allows a jurisdiction to use funding from the Coronavirus Local Community Stabilization Fund or Coronavirus Relief Fund for (1) necessary expenditures related to COVID-19 that were not accounted for in the jurisdiction's budget, including the nonfederal share contribution requirement for disaster or emergency assistance; or (2) expenditures the jurisdiction would otherwise be unable to make because of decreased or delayed revenues. Funding from the Coronavirus Local Community Stabilization Fund may be used for expenditures through 2022. The bill (1) reserves specified funds for payments to tribal governments; (2) apportions funds to states based on population, infected population, and revenue lost; (3) provides for payments to counties and municipalities based on lost revenue. The bill conditions funding on each state agreeing to fair and equitable budgeting based on need. The Office of Inspector General of the Department of the Treasury may use amounts appropriated to carry out oversight and recoupment activities under this bill.

SMART Act State Municipal Assistance for Response and Transition Act

Rep. Rebecca Sherrill [D-NJ]	Rep. Peter King [R-NY]	Rep. Tom O'Halleran [D-AZ]	Rep. Brian Fitzpatrick [R-PA]
Rep. Debbie Dingell [D-MI]	Rep. Elise Stefanik [R-NY]	Rep. Ted Lieu [D-CA]	Rep. Fred Upton [R-MI]
Rep. Josh Gottheimer [D-NJ]	Rep. Tom Reed [R-NY]	Rep. Mark Amodei [R-NV]	Rep. Sheila Jackson-Lee [D-TX]
Rep. Christopher Jacobs [R-NY]

Date	Chamber	Action
2020-05-19	House	Referred to the House Committee on Oversight and Reform.
2020-05-19	House	Introduced in House

SB3752 (Same As) 2020-06-02 - Committee on Banking, Housing, and Urban Affairs. Hearings held.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/6954/all-info
Text	https://www.congress.gov/116/bills/hr6954/BILLS-116hr6954ih.pdf