US S4537

Bill

RECOVERY Act Reinvigorating the Economy, Creating Opportunity for every Vocation, Employer, Retiree & Youth Act

Introduced
09/08/2020

In Committee
09/08/2020

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

RECOVERY Act RECOVERY Act Reinvigorating the Economy, Creating Opportunity for every Vocation, Employer, Retiree & Youth Act Reinvigorating the Economy, Creating Opportunity for every Vocation, Employer, Retiree & Youth Act

AI Summary

This bill, the RECOVERY Act Reinvigorating the Economy, Creating Opportunity for every Vocation, Employer, Retiree & Youth Act, contains a variety of provisions aimed at supporting the economy and public health response during the COVID-19 pandemic. The key provisions include: - Establishing a tax credit for employers to cover the cost of COVID-19 testing for employees, and providing liability protections for businesses, schools, and healthcare providers acting in good faith to follow public health guidance. - Providing temporary payroll tax relief and other tax incentives to promote job creation and business investment. - Allowing delayed retirement contributions and the conversion of certain 2020 retirement distributions into qualified loans. - Establishing a tax credit for parents to cover the cost of protective equipment for their children attending school. - Expediting the FDA approval process for drugs, biologics, and devices used to treat or prevent COVID-19. - Expanding telehealth access and allowing health savings accounts to cover a broader range of medical expenses. - Providing funding for a bilateral research program with Israel focused on COVID-19 technologies. The bill aims to spur economic recovery, protect jobs and businesses, expand healthcare access, and support families and students impacted by the pandemic through a combination of tax relief, liability protections, and regulatory reforms.

Committee Categories

Budget and Finance

Sponsors (1)

Ted Cruz (R)*,

Last Action

Read twice and referred to the Committee on Finance. (on 09/08/2020)

Official Document

https://www.congress.gov/bill/116th-congress/senate-bill/4537/all-info

(40 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/116th-congress/senate-bill/4537/all-info
BillText	https://www.congress.gov/116/bills/s4537/BILLS-116s4537is.pdf
Bill	https://www.congress.gov/116/bills/s4537/BILLS-116s4537is.pdf.pdf

Bill	Bill Name	Last Action	Type
HR2108	Retirement Freedom Act	Referred to the Subcommittee on Health.	Related
HR3972	Regulations from the Executive in Need of Scrutiny Act of 2019	Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.	Related
HR621	Student Empowerment Act	Referred to the House Committee on Ways and Means.	Related
HR6258	Reciprocity Ensures Streamlined Use of Lifesaving Treatments Act of 2020	Referred to the House Committee on Energy and Commerce.	Related
HR6260	Reciprocity Ensures Streamlined Use of Lifesaving Treatments for Coronavirus Patients Act of 2020	Referred to the Committee on Energy and Commerce, and in addition to the Committee on Rules, 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
HR6338	Pandemic Healthcare Access Act	Referred to the Subcommittee on Health.	Related
HR6580	To appropriate funds for the SPR Petroleum Account.	Referred to the Committee on Appropriations, and in addition to the Committee on the Budget, 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
HR6691	Coronavirus Regulatory Repeal Act of 2020	Referred to the Committee on Oversight and Reform, and in addition to the Committee on the Judiciary, 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
HR6829	EMPIL–DOC Act Expanding Medical Partnerships with Israel to Lessen Dependence on China Act	Referred to the House Committee on Energy and Commerce.	Related
HR7017	Right to Test Act	Referred to the House Committee on Energy and Commerce.	Related
HR7615	To provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.	Referred to the House Committee on Ways and Means.	Related
HR7676	Health Care PRICE Transparency Act Health Care Prices Revealed and Information to Consumers Explained Transparency Act	Referred to the House Committee on Energy and Commerce.	Related
HR7786	RECLAIM Act Restitution for Economic losses Caused by Leaders who Allow Insurrection and Mayhem Act	Referred to the Committee on the Judiciary, and in addition to the Committee on Transportation and Infrastructure, 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
HR7812	ORE Act Onshoring Rare Earths Act of 2020	Referred to the Subcommittee on Select Revenue Measures.	Related
HR7928	LIFT UP Act of 2020 Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020	Referred to the House Committee on Small Business.	Related
HR8143	To amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment is made in property used for the mining, reclaiming, or recycling of critical minerals and metals from the United States, and for other purposes.	Referred to the Subcommittee on Energy and Mineral Resources.	Related
HR8584	Retirement Inflation Protection Act of 2020	Referred to the House Committee on Ways and Means.	Related
HR8832	SAFE TO WORK Act Safeguarding America’s Frontline Employees To Offer Work Opportunities Required to Kickstart the Economy Act	Referred to the Committee on the Judiciary, and in addition to the Committees on Education and Labor, and Energy and Commerce, 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
S1030	Retirement Freedom Act	Read twice and referred to the Committee on Finance.	Related
S157	Student Empowerment Act	Read twice and referred to the Committee on Finance.	Related
S2161	Reciprocity Ensures Streamlined Use of Lifesaving Treatments Act of 2019	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.	Related
S3545	Reciprocity Ensures Streamlined Use of Lifesaving Treatments for Coronavirus Patients Act of 2020	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.	Related
S3546	Pandemic Healthcare Access Act	Read twice and referred to the Committee on Finance.	Related
S3597	A bill to appropriate funds for the SPR Petroleum Account.	Read twice and referred to the Committee on Appropriations.	Related
S3694	ORE Act Onshoring Rare Earths Act of 2020	Read twice and referred to the Committee on Finance.	Related
S3722	EMPIL-DOC Act Expanding Medical Partnerships with Israel to Lessen Dependence On China Act	Read twice and referred to the Committee on Foreign Relations.	Related
S3769	Right to Test Act	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.	Related
S3821	Affordable Health Care Options Act of 2020	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.	Related
S4101	LIFT UP Act Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020	Read twice and referred to the Committee on Small Business and Entrepreneurship.	Related
S4106	Health Care PRICE Transparency Act Health Care Prices Revealed and Information to Consumers Explained Transparency Act	Read twice and referred to the Committee on Health, Education, Labor, and Pensions.	Related
S4214	A bill to provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.	Read twice and referred to the Committee on Finance.	Related
S4266	RECLAIM Act Restitution for Economic losses Caused by Leaders who Allow Insurrection and Mayhem Act	Read twice and referred to the Committee on the Judiciary.	Related
S4284	School Choice Now Act	Read twice and referred to the Committee on Finance.	Related
S4297	AMORE Act Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act	Read twice and referred to the Committee on Finance.	Related
S4317	SAFE TO WORK Act Safeguarding America’s Frontline Employees To Offer Work Opportunities Required to Kickstart the Economy Act	Read twice and referred to the Committee on the Judiciary.	Related
S4340	SACRED Act Safeguarding Americans from Coronavirus and Religious Exercise Discrimination Act	Read twice and referred to the Committee on Finance.	Related
S4376	CREATE JOBS Act Cost Recovery and Expensing Acceleration to Transform the Economy and Jumpstart Opportunities for Businesses and Startups Act of 2020	Read twice and referred to the Committee on Finance.	Related
S4505	Coronavirus Emergency Education Grants Act	Read twice and referred to the Committee on Finance.	Related
S5078	A bill to amend the CARES Act to extend the temporary relief from troubled debt restructurings.	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.	Related
S92	Regulations from the Executive in Need of Scrutiny Act of 2019	Placed on Senate Legislative Calendar under General Orders. Calendar No. 614.	Related

Bill

Bill Name

Last Action

Type

HR2108

Retirement Freedom Act

Referred to the Subcommittee on Health.

HR3972

Regulations from the Executive in Need of Scrutiny Act of 2019

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

HR621

Student Empowerment Act

Referred to the House Committee on Ways and Means.

HR6258

Reciprocity Ensures Streamlined Use of Lifesaving Treatments Act of 2020

Referred to the House Committee on Energy and Commerce.

HR6260

Reciprocity Ensures Streamlined Use of Lifesaving Treatments for Coronavirus Patients Act of 2020

Referred to the Committee on Energy and Commerce, and in addition to the Committee on Rules, 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.

HR6338

Pandemic Healthcare Access Act

Referred to the Subcommittee on Health.

HR6580

To appropriate funds for the SPR Petroleum Account.

Referred to the Committee on Appropriations, and in addition to the Committee on the Budget, 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.

HR6691

Coronavirus Regulatory Repeal Act of 2020

Referred to the Committee on Oversight and Reform, and in addition to the Committee on the Judiciary, 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.

HR6829

EMPIL–DOC Act Expanding Medical Partnerships with Israel to Lessen Dependence on China Act

Referred to the House Committee on Energy and Commerce.

HR7017

Right to Test Act

Referred to the House Committee on Energy and Commerce.

HR7615

To provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.

Referred to the House Committee on Ways and Means.

HR7676

Health Care PRICE Transparency Act Health Care Prices Revealed and Information to Consumers Explained Transparency Act

Referred to the House Committee on Energy and Commerce.

HR7786

RECLAIM Act Restitution for Economic losses Caused by Leaders who Allow Insurrection and Mayhem Act

Referred to the Committee on the Judiciary, and in addition to the Committee on Transportation and Infrastructure, 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.

HR7812

ORE Act Onshoring Rare Earths Act of 2020

Referred to the Subcommittee on Select Revenue Measures.

HR7928

LIFT UP Act of 2020 Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020

Referred to the House Committee on Small Business.

HR8143

To amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment is made in property used for the mining, reclaiming, or recycling of critical minerals and metals from the United States, and for other purposes.

Referred to the Subcommittee on Energy and Mineral Resources.

HR8584

Retirement Inflation Protection Act of 2020

Referred to the House Committee on Ways and Means.

HR8832

SAFE TO WORK Act Safeguarding America’s Frontline Employees To Offer Work Opportunities Required to Kickstart the Economy Act

Referred to the Committee on the Judiciary, and in addition to the Committees on Education and Labor, and Energy and Commerce, 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.

S1030

Retirement Freedom Act

Read twice and referred to the Committee on Finance.

S157

Student Empowerment Act

Read twice and referred to the Committee on Finance.

S2161

Reciprocity Ensures Streamlined Use of Lifesaving Treatments Act of 2019

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S3545

Reciprocity Ensures Streamlined Use of Lifesaving Treatments for Coronavirus Patients Act of 2020

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S3546

Pandemic Healthcare Access Act

Read twice and referred to the Committee on Finance.

S3597

A bill to appropriate funds for the SPR Petroleum Account.

Read twice and referred to the Committee on Appropriations.

S3694

ORE Act Onshoring Rare Earths Act of 2020

Read twice and referred to the Committee on Finance.

S3722

EMPIL-DOC Act Expanding Medical Partnerships with Israel to Lessen Dependence On China Act

Read twice and referred to the Committee on Foreign Relations.

S3769

Right to Test Act

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S3821

Affordable Health Care Options Act of 2020

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S4101

LIFT UP Act Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship.

S4106

Health Care PRICE Transparency Act Health Care Prices Revealed and Information to Consumers Explained Transparency Act

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S4214

A bill to provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19.

Read twice and referred to the Committee on Finance.

S4266

RECLAIM Act Restitution for Economic losses Caused by Leaders who Allow Insurrection and Mayhem Act

Read twice and referred to the Committee on the Judiciary.

S4284

School Choice Now Act

Read twice and referred to the Committee on Finance.

S4297

AMORE Act Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act

Read twice and referred to the Committee on Finance.

S4317

SAFE TO WORK Act Safeguarding America’s Frontline Employees To Offer Work Opportunities Required to Kickstart the Economy Act

Read twice and referred to the Committee on the Judiciary.

S4340

SACRED Act Safeguarding Americans from Coronavirus and Religious Exercise Discrimination Act

Read twice and referred to the Committee on Finance.

S4376

CREATE JOBS Act Cost Recovery and Expensing Acceleration to Transform the Economy and Jumpstart Opportunities for Businesses and Startups Act of 2020

Read twice and referred to the Committee on Finance.

S4505

Coronavirus Emergency Education Grants Act

Read twice and referred to the Committee on Finance.

S5078

A bill to amend the CARES Act to extend the temporary relief from troubled debt restructurings.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S92

Regulations from the Executive in Need of Scrutiny Act of 2019

Placed on Senate Legislative Calendar under General Orders. Calendar No. 614.

Bill > S4537

US S4537

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary