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US S4150

US S4150
Coronavirus Economic Relief for Transportation Services Act


summary

Introduced
07/02/2020
In Committee
07/02/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to require the Secretary of the Treasury to provide assistance to certain providers of transportation services affected by the novel coronavirus. This bill requires the Department of the Treasury to provide grants and other forms of emergency assistance to certain providers of transportation services that have experienced a significant revenue loss as a direct or indirect result of COVID-19 (i.e., coronavirus disease 2019). Treasury must ensure equal access to the assistance for small, minority-owned, and women-owned businesses. As a condition of receipt of assistance, Treasury must require that a provider of transportation services agree to (1) use the funds, on a priority basis, to maintain through December 31, 2020, pay, paid administrative leave, and benefits to all employees after making any adjustments required for retirement or voluntary employee separation; and (2) recall or rehire any employee laid off, furloughed, or terminated because of reduced service as a result of COVID-19, to the extent warranted by increased service levels.

AI Summary

This bill requires the Department of the Treasury to provide grants and other forms of emergency assistance to certain providers of transportation services, such as passenger vessels, over-the-road buses, and school buses, that have experienced a significant revenue loss as a direct or indirect result of COVID-19. The assistance is targeted towards small, minority-owned, and women-owned transportation businesses, and comes with conditions that the funds be used to maintain employee pay, benefits, and jobs. The bill appropriates $10 billion for this purpose in fiscal year 2020.

Committee Categories

Transportation and Infrastructure

Sponsors (61)

Jack Reed (D)* Tammy Baldwin (D),  Richard Blumenthal (D),  Roy Blunt (R),  Cory Booker (D),  John Boozman (R),  Richard Burr (R),  Ben Cardin (D),  Tom Carper (D),  Bob Casey (D),  Bill Cassidy (R),  Susan Collins (R),  Chris Coons (D),  John Cornyn (R),  Catherine Cortez Masto (D),  Tom Cotton (R),  Kevin Cramer (R),  Steve Daines (R),  Tammy Duckworth (D),  Dick Durbin (D),  Joni Ernst (R),  Dianne Feinstein (D),  Kirsten Gillibrand (D),  Lindsey Graham (R),  Chuck Grassley (R),  Maggie Hassan (D),  Mazie Hirono (D),  John Hoeven (R),  Cindy Hyde-Smith (R),  Doug Jones (D),  Tim Kaine (D),  John Neely Kennedy (R),  Angus King (I),  Amy Klobuchar (D),  Ed Markey (D),  Martha McSally (R),  Bob Menendez (D),  Jeff Merkley (D),  Jerry Moran (R),  Lisa Murkowski (R),  Chris Murphy (D),  Patty Murray (D),  Gary Peters (D),  Rob Portman (R),  Pat Roberts (R),  Jacky Rosen (D),  Mike Rounds (R),  Brian Schatz (D),  Chuck Schumer (D),  Jeanne Shaheen (D),  Kyrsten Sinema (I),  Tina Smith (D),  Debbie Stabenow (D),  Dan Sullivan (R),  Jon Tester (D),  Thom Tillis (R),  Chris Van Hollen (D),  Mark Warner (D),  Elizabeth Warren (D),  Sheldon Whitehouse (D),  Ron Wyden (D), 

Last Action

Read twice and referred to the Committee on Commerce, Science, and Transportation. (on 07/02/2020)

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