To require the Secretary of the Treasury to implement a program that provides financial assistance to sports facilities, museums, and community theaters, and for other purposes.

Summary

This bill requires the Department of the Treasury to implement a program to provide financing of at least $1 billion for loans related to losses incurred as a result of COVID-19 (i.e., coronavirus disease 2019) to certain community-owned or private businesses that have contractual obligations for making lease, rent, or bond payments for publicly owned sports facilities, museums, and community theaters. Terms for such loans shall include (1) a 15-year term, (2) no requirement to provide collateral or a guaranty, and (3) a maximum loan amount of $25 million. An applicant for such a loan must make a good faith certification that, among other things, (1) the loan request is necessary to support the recipient's ongoing operations; and (2) the recipient will use the loan for purposes directly connected to contracted services, including performances and sporting events.

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

Timeline

1. 27 May 2020

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 27 May 2020

   Introduced

   Introduced in House

   Source: IntroReferral

3. 27 May 2020

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 27 May 2020 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 27 May 2020

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 27 May 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 · 27 May 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. Trahan, Lori [D-MA-3] · D · Sponsor
• Rep. McKinley, David B. [R-WV-1] · R · Sponsor
• Rep. Matsui, Doris O. [D-CA-7] · D · Sponsor
• Rep. Rose, Max [D-NY-11] · D · Sponsor
• Rep. Fitzpatrick, Brian K. [R-PA-1] · R · Sponsor
• Rep. Haaland, Debra A. [D-NM-1] · D · Sponsor
• Rep. Ryan, Tim [D-OH-13] · D · Sponsor
• Rep. Trone, David J. [D-MD-6] · D · Sponsor
• Rep. Simpson, Michael K. [R-ID-2] · R · Sponsor
• Rep. Courtney, Joe [D-CT-2] · D · Sponsor
• Sen. Slotkin, Elissa [D-MI] · D · Sponsor
• Rep. Thompson, Glenn [R-PA-15] · R · Sponsor
• Rep. Loebsack, David [D-IA-2] · D · Sponsor
• Sen. Welch, Peter [D-VT] · D · Sponsor
• Rep. Morelle, Joseph D. [D-NY-25] · D · Sponsor
• Rep. Escobar, Veronica [D-TX-16] · D · Sponsor
• Rep. Finkenauer, Abby [D-IA-1] · D · Sponsor
• Rep. Higgins, Brian [D-NY-26] · D · Sponsor
• Rep. Wilson, Joe [R-SC-2] · R · Sponsor
• Rep. King, Peter T. [R-NY-2] · R · Sponsor
• Rep. Cunningham, Joe [D-SC-1] · D · Sponsor
• Rep. Carter, John R. [R-TX-31] · R · Sponsor
• Rep. Brindisi, Anthony [D-NY-22] · D · Sponsor
• Rep. McCollum, Betty [D-MN-4] · D · Sponsor
• Rep. Bishop, Rob [R-UT-1] · R · Cosponsor
• Rep. Roe, David P. [R-TN-1] · R · Cosponsor
• Rep. Kuster, Ann M. [D-NH-2] · D · Cosponsor
• Rep. Kaptur, Marcy [D-OH-9] · D · Cosponsor
• Rep. Brooks, Mo [R-AL-5] · R · Cosponsor
• Rep. Palazzo, Steven M. [R-MS-4] · R · Cosponsor
• Rep. Bacon, Don [R-NE-2] · R · Cosponsor
• Rep. Axne, Cynthia [D-IA-3] · D · Cosponsor
• Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] · R · Cosponsor
• Rep. Tonko, Paul [D-NY-20] · D · Cosponsor
• Rep. Bonamici, Suzanne [D-OR-1] · D · Cosponsor
• Rep. Keller, Fred [R-PA-12] · R · Cosponsor
• Rep. Brown, Anthony G. [D-MD-4] · D · Cosponsor
• Rep. Carson, André [D-IN-7] · D · Cosponsor
• Rep. McGovern, James P. [D-MA-2] · D · Cosponsor
• Rep. Gianforte, Greg [R-MT-At Large] · R · Cosponsor
• Rep. Costa, Jim [D-CA-21] · D · Cosponsor
• Rep. Kelly, Mike [R-PA-16] · R · Cosponsor
• Rep. Wenstrup, Brad R. [R-OH-2] · R · Cosponsor
• Rep. Aderholt, Robert B. [R-AL-4] · R · Cosponsor
• Rep. Kustoff, David [R-TN-8] · R · Cosponsor
• Rep. Maloney, Sean Patrick [D-NY-18] · D · Cosponsor
• Rep. Suozzi, Thomas R. [D-NY-3] · D · Cosponsor
• Rep. Delgado, Antonio [D-NY-19] · D · Cosponsor

Showing 48 of 68 sponsors and actors.

Related records

No cross-record relationships stored yet.