United States · Bill · HR
H.R. 6321 (116th)
Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
Introduced
23 March 2020
Last action
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Status
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.
Sponsors
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Subjects
Discovery layer
Source updated
21 July 2025
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 23 March 2020
Introduced in House (PDF)
Introduced in House · EN · 23 March 2020
Introduced in House
summary · EN · 23 March 2020
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/6321
- Open data entity: https://api.congress.gov/v3/bill/116/hr/6321