Rent and Mortgage Cancellation Act of 2020
Latest action · Apr 17, 2020 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 17, 2020
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Rent and Mortgage Cancellation Act of 2020
This bill provides housing assistance during the COVID-19 (i.e., coronavirus disease 2019) public health emergency.
Specifically, the bill suspends rental and mortgage payments for primary residences for a period lasting until 30 days after the termination of the federal emergency declaration relating to COVID-19. The Department of Housing and Urban Development (HUD) must establish funds to reimburse lessors and lenders for payments suspended under the bill.
In addition, HUD must establish an Affordable Housing Acquisition Fund to support the acquisition of multifamily housing projects by nonprofit organizations, public housing agencies, cooperative housing associations, community land trusts, and state and local governments. For a five-year period, entities that are approved for such assistance shall be provided the first right of purchase with respect to such projects.
Cosponsors 30
Members who signed on, in the order they did. Signatures ran from Apr 17, 2020 to Jul 1, 2020; 8 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Alexandria Ocasio-Cortez | Original | Apr 17, 2020 |
| D-MA | Ayanna Pressley | Original | Apr 17, 2020 |
| D-NY | Grace Meng | Original | Apr 17, 2020 |
| D-IL | Jesús G. "Chuy" García | Original | Apr 17, 2020 |
| D-WI | Mark Pocan | Original | Apr 17, 2020 |
| D-WA | Pramila Jayapal | Original | Apr 17, 2020 |
| D-MI | Rashida Tlaib | Original | Apr 17, 2020 |
| D-TX | Veronica Escobar | Original | Apr 17, 2020 |
| D-NJ | Bonnie Watson Coleman | Apr 21, 2020 | |
| D-DC | Eleanor Holmes Norton | Apr 21, 2020 | |
| D-IL | Janice D. Schakowsky | Apr 21, 2020 | |
| D-TX | Sheila Jackson Lee | Apr 21, 2020 | |
| D-RI | David N. Cicilline | Apr 23, 2020 | |
| D-MI | Andy Levin | Apr 28, 2020 | |
| D-NY | Carolyn B. Maloney | Apr 28, 2020 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Apr 17, 2020 |
Actions 2
Everything that happened, newest first.
- Apr 17, 2020Introduced in House
- Apr 17, 2020Referred to the House Committee on Financial Services.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Lists H1894H.R. 6515–6556 | — | Apr 17, 2020 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 166, no. 73, April 17, 2020, page H1894.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To suspend obligations of residential renters and mortgagors to make payments during the COVID-19 emergency, and for other purposes.
- Short Title(s) as Introduced
- Rent and Mortgage Cancellation Act of 2020
Subjects
Assigned by the Library of Congress. Policy area: Housing and Community Development.
- Cardiovascular and respiratory health
- Child care and development
- Civil actions and liability
- Consumer credit
- Emergency medical services and trauma care
- Financial literacy
- Health care coverage and access
- Homelessness and emergency shelter
- Housing and Community Development
- Housing and community development funding
- Housing finance and home ownership
- Housing supply and affordability
- Infectious and parasitic diseases
- Landlord and tenant
- Residential rehabilitation and home repair
Text 1
Each version as it was printed, newest first.
- Apr 17, 2020Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.