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Bill > S3928


US S3928

US S3928
Continuity of the Economy Act of 2020


summary

Introduced
06/10/2020
In Committee
06/10/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A BILL To require the President to develop a plan for the continuity of the economy in response to a significant event, and for other purposes. 1

AI Summary

This bill requires the President to develop and maintain a plan to maintain and restore the economy of the United States in response to a significant event, such as a cyber attack or other natural or human-caused disruption that severely degrades economic activity. The plan must identify critical economic functions and distribution mechanisms, incorporate principles of continuity of government and operations, and consider various measures to support economic recovery, including strategic reserves, prioritized distribution, and financial assistance. The President must submit the plan and any necessary legislative changes to Congress every three years.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 06/10/2020)

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