US HR6366

Bill

Introduced
03/23/2020

In Committee
03/23/2020

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

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. This bill temporarily allows financial regulators to waive cost-sharing and program requirements for certain state, territory, and local government grants. Financial regulators may permit these funds to be reprogrammed for purposes related to unemployment, childcare, or healthcare.

AI Summary

This bill temporarily allows financial regulators to waive cost-sharing and program requirements for certain state, territory, and local government grants. Financial regulators may permit these funds to be reprogrammed for purposes related to unemployment, childcare, or healthcare. The bill defines "covered grants" as those awarded before the bill's enactment that still have remaining funds or whose performance period does not expire before January 1, 2023. "Federal financial regulators" include entities like the Federal Reserve, Consumer Financial Protection Bureau, and Securities and Exchange Commission.

Committee Categories

Business and Industry

Sponsors (2)

Michael San Nicolas (D)*, Maxine Waters (D),

Last Action

Referred to the House Committee on Financial Services. (on 03/23/2020)

Official Document

https://www.congress.gov/bill/116th-congress/house-bill/6366/all-info

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/116th-congress/house-bill/6366/all-info
BillText	https://www.congress.gov/116/bills/hr6366/BILLS-116hr6366ih.pdf
Bill	https://www.congress.gov/116/bills/hr6366/BILLS-116hr6366ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR6321	Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act	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.	Related
HR6379	Take Responsibility for Workers and Families Act Workforce Emergency Response Act of 2020	Referred to the Committee on Appropriations, and in addition to the Committees on the Budget, and Ways and Means, 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.	Related

Bill > HR6366

US HR6366

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary