Coronavirus State and Local Financial Assistance Act
Latest action · May 5, 2020 Referred to the House Committee on Oversight and Reform.
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.
- IntroducedMay 5, 2020
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Coronavirus State and Local Financial Assistance Act
This bill (1) directs the Department of the Treasury to establish a State and Local Government Coronavirus Relief Program under which Treasury shall make monthly grants to states to make up for revenue lost from March 1-December 31, 2020, due to COVID-19 (i.e., coronavirus disease 2019) and social distancing steps taken by the state and its political subdivisions, and (2) appropriates $500 billion to carry out the program.
To be eligible to receive a grant, a state must (1) compile estimates for the revenue lost by the state and each political subdivision, and (2) submit an estimate to Treasury by the 20th of each month.
Treasury shall make grant payments to a state within 15 days of receiving a loss estimate.
The bill sets forth requirements with respect to pro rata distribution of funds, treatment of overpayments, and distribution to political subdivisions of a state.
Cosponsors 6
Members who signed on, in the order they did. Signatures ran from May 5, 2020 to May 22, 2020; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NY | Peter T. King | Original | May 5, 2020 |
| D-GU | Michael F. Q. San Nicolas | May 8, 2020 | |
| D-IA | Abby Finkenauer | May 12, 2020 | |
| D-CA | Josh Harder | May 12, 2020 | |
| D-VA | Abigail Davis Spanberger | May 22, 2020 | |
| D-CA | Katie Porter | May 22, 2020 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Oversight and Government Reform Committee | Referred May 5, 2020 |
Actions 2
Everything that happened, newest first.
- May 5, 2020Introduced in House
- May 5, 2020Referred to the House Committee on Oversight and Reform.
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. 84, May 5, 2020, page H1979.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To require the Secretary of the Treasury to establish a State and Local Government Coronavirus Relief Program to make grants to States to make up for lost revenue due to COVID-19 and social distancing steps taken by the State and political subdivisions of the State, and for other purposes.
- Short Title(s) as Introduced
- Coronavirus State and Local Financial Assistance Act
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
- Appropriations
- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Government information and archives
- Government Operations and Politics
- Infectious and parasitic diseases
- Property tax
- Sales and excise taxes
- State and local finance
- State and local government operations
- State and local taxation
- Tax administration and collection, taxpayers
Text 1
Each version as it was printed, newest first.
- May 5, 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.
