_______ Act of 2020
Latest action · May 8, 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.
- IntroducedMay 8, 2020
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
This bill prohibits corporations that receive specified federal aid related to the COVID-19 (i.e., coronavirus disease 2019) pandemic from making certain changes to their workforce. Specifically, corporations receiving such aid must not
- reduce workforce levels, employee benefits, or wages; or
- alter any collective bargaining agreements.
These prohibitions apply beginning on the date a corporation first receives such aid and end one year after the date on which the later of either the termination of the COVID-19 public health emergency or the aid has been repaid.
Cosponsors 1
Members who signed on, in the order they did. All signed on May 8, 2020.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Maxine Waters | Original | May 8, 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 May 8, 2020 |
Actions 2
Everything that happened, newest first.
- May 8, 2020Introduced in House
- May 8, 2020Referred to the House Committee on Financial Services.
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. 87, May 8, 2020, page H1987.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 6321 | Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act | Related bill | Mar 23, 2020 |
| HR 6379 | Workforce Emergency Response Act of 2020 | Related bill | Mar 23, 2020 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Coronavirus Economic Stabilization Act of 2020 to place certain requirements on corporations receiving Federal aid related to COVID-19.
- Short Title(s) as Introduced
- _______ Act of 2020
Subjects
Assigned by the Library of Congress. Policy area: Labor and Employment.
- Administrative law and regulatory procedures
- Cardiovascular and respiratory health
- Corporate finance and management
- Economic performance and conditions
- Emergency medical services and trauma care
- Employee benefits and pensions
- Government lending and loan guarantees
- Infectious and parasitic diseases
- Labor and Employment
- Labor-management relations
- Securities and Exchange Commission (SEC)
- Small business
- Unemployment
- Wages and earnings
Text 1
Each version as it was printed, newest first.
- May 8, 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.