summary
Introduced
04/17/2020
04/17/2020
In Committee
04/17/2020
04/17/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A BILL To direct the Secretary of the Treasury to establish the Boost Communities Program to provide monthly payments to Americas consumers during the COVID19 emergency to recover from the emergency, and for other purposes. 1
AI Summary
This bill would direct the Secretary of the Treasury to establish the Boost Communities Program to provide monthly payments to American consumers during the COVID-19 emergency to help them recover. The payments would consist of a general assistance component of $2,000 per month and a targeted supplemental assistance component for at-risk populations. The bill also calls for the creation of a system of digital dollar accounts (FedAccounts) and digital dollar cash wallets (eCash Wallets) to be administered by the Federal Reserve and Treasury, respectively, after the program ends. Additionally, the bill requires the Secretary to establish an independent commission to investigate the impact of emergency relief measures on income and wealth inequality and propose policy responses to address such impacts.
Committee Categories
Budget and Finance
Sponsors (12)
Rashida Tlaib (D)*,
Kathy Castor (D),
Chuy García (D),
Alcee Hastings (D),
Pramila Jayapal (D),
Eleanor Holmes Norton (D),
Alexandria Ocasio-Cortez (D),
Ilhan Omar (D),
Ayanna Pressley (D),
Bobby Rush (D),
Jan Schakowsky (D),
Nydia Velázquez (D),
Last Action
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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. (on 04/17/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/6553/all-info |
| BillText | https://www.congress.gov/116/bills/hr6553/BILLS-116hr6553ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr6553/BILLS-116hr6553ih.pdf.pdf |
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