Bill > S91

This bill aims to provide financial assistance to special districts during the COVID-19 emergency. The key provisions are: 1. It amends the Social Security Act to include special districts as eligible recipients of payments from the Coronavirus Relief Fund, with at least 5% of any excess funds appropriated for the fund to be allocated to special districts in each state. 2. It defines "special districts" as political subdivisions of a state formed to perform governmental or proprietary functions. 3. It requires the Secretary of the Treasury to update guidance to reflect the inclusion of special districts as eligible for Coronavirus Relief Fund payments. 4. It directs the Federal Reserve to include special districts as eligible issuers in the Municipal Liquidity Facility program, which provides lending to state and local governments. The overall goal is to ensure that special districts, which provide essential services, can access federal financial assistance during the COVID-19 pandemic.

Budget and Finance

https://www.congress.gov/bill/117th-congress/senate-bill/91/all-info