United States · Bill · HR
H.R. 7394 (116th)
Business Interruption Relief Act of 2020
Introduced
26 June 2020
Last action
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Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
3 December 2025
Summary
Business Interruption Relief Act of 2020 This bill establishes the Business Interruption Relief Program within the Department of the Treasury to provide financial assistance to insurers that voluntarily pay benefits under certain policies for COVID-19 (i.e., coronavirus disease 2019) losses. Specifically, insurers qualify for the program if the insurer has at least one outstanding and existing policy for business interruption coverage that (1) expressly covers losses during a civil authority shutdown as a result of the COVID-19 pandemic, and (2) expressly excludes coverage for a virus. Participation in the program is voluntary.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 26 June 2020
Introduced in House (PDF)
Introduced in House · EN · 26 June 2020
Introduced in House
summary · EN · 26 June 2020
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/7394
- Open data entity: https://api.congress.gov/v3/bill/116/hr/7394