Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act

Summary

Financial Protections and Assistance for America's Consumers, States, Businesses, and Vulnerable Populations Act This bill responds to the COVID-19 (i.e., coronavirus disease 2019) emergency and generally provides for financial assistance and other aid to individuals, businesses, and state and local governments for the duration of the emergency period. Among other things, the bill provides direct payments to individuals of up to $2,000 a month, subject to limits based on adjusted gross income; establishes digital wallets for individuals without bank accounts to receive such payments; provides for the suspension of specified housing and consumer loan payments, evictions, and foreclosures; creates financial assistance programs regarding housing, student loans, and utilities; establishes credit programs for small businesses, nonprofit organizations, farms, independent contractors, minority depository institutions, and community development financial institutions; authorizes funds for housing assistance, elderly assistance, and emergency production of medical supplies; and provides for investigation, oversight, and other requirements regarding COVID-19 aid. The bill also modifies existing provisions, including those regarding deposit insurance for transaction accounts, Federal Reserve Board purchases of municipal bonds, stock buybacks, required disclosures by issuers of securities, international aid programs, and agency guidance concerning pandemics and major disasters.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 23 March 2020

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Small Business, the Judiciary, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 23 March 2020

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 March 2020

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 March 2020 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 March 2020

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 March 2020

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 23 March 2020

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Waters, Maxine [D-CA-43] · D · Sponsor
• · hsag00 · Standing
• · hsju00 · Standing
• · hssm00 · Standing
• · hsed00 · Standing
• · hswm00 · Standing
• · hsba00 · Standing

Related records

• related to → Emergency Relief for State, Territorial and Local Governments Act of 2020
• related to → Rental Eviction Moratorium Act of 2020
• related to → Disaster Protection for Workers’ Credit Act of 2020
• related to → Ensuring Diversity in Community Banking Act
• related to → Tribal Access to Homeless Assistance Act
• related to → To require the Board of Governors of the Federal Reserve System to establish a credit facility to provide loans to small businesses, including small family farms, during the COVID-19 emergency.
• related to → To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes.
• related to → Workforce Emergency Response Act of 2020
• related to ← Interagency Pandemic Guidance for Consumers Act
• related to ← To amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to supply chain disruption risk, and for other purposes.
• related to ← Ensuring Affordable Housing Security During the Coronavirus Emergency Act of 2020
• related to ← To permit, due to the COVID-19 emergency, Federal financial regulators to allow for the temporary waiver of requirements that a State, territory, or local government provide matching or cost-sharing funds before receiving a grant from a Federal financial regulator, to allow for certain reprogramming of funds to support unemployment, childcare, and healthcare programs, and for other purposes.
• related to ← To authorize supplemental appropriations for fiscal year 2020 for community development block grants, and for other purposes.
• related to ← To provide for mortgage forbearance during the COVID-19 emergency, and for other purposes.
• related to ← To establish a Small Business Financial Assistance Program to support small businesses during the COVID-19 emergency, and for other purposes.
• related to ← To fully implement the Initiative to Build Growth Equity Funds for Minority Businesses, and for other purposes.

Showing 16 of 39 related records.