RECOVERY Act
Latest action · Sep 8, 2020 Read twice and referred to the Committee on Finance.
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.
- IntroducedSep 8, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Reinvigorating the Economy, Creating Opportunity for every Vocation, Employer, Retiree & Youth Act or the RECOVERY Act
This bill revises provisions in the tax code; modifies the liability of employers, public officials, and other entities; makes various changes to help schools, employers, and industries respond to COVID-19 (i.e. coronavirus disease 2019); and otherwise addresses economic growth. It also modifies congressional oversight of regulations, including by requiring approval for certain rules.
Among other things, the bill establishes and expands various tax credits, deductions, and exclusions from income for individuals and businesses and temporarily suspends payroll taxes.
Additionally, the bill limits the liability, under some conditions, of employers, health care providers, and other entities for COVID-19 exposures. It also imposes liability on public officials with authority to direct law enforcement agencies for losses that occur in areas that a law enforcement agency has been instructed not to access during riots.
Furthermore, it revises multiple COVID-19 response activities, including by restricting eligibility for unemployment compensation, extending particular business loans and payroll support programs, and establishing sunset dates for spending COVID-19 funds. Additionally, the bill requires the Department of Education to use a specified percentage of COVID-19 funds to support certain scholarship-granting organizations.
It also establishes an alternate approval process for coronavirus drugs and other medical products approved for sale in another country; expands interstate telehealth access; and makes other changes to health insurance plans, health savings accounts, and retirement accounts.
The bill also creates tax incentives and other programs to support mining, petroleum, pharmaceutical, aviation, and other industries.
Cosponsors
Members who signed on, in the order they did.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Sep 8, 2020 |
Actions 2
Everything that happened, newest first.
- Sep 8, 2020Introduced in Senate
- Sep 8, 2020Read twice and referred to the Committee on Finance.
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.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R46618 | An Overview of Rare Earth Elements and Related Issues for Congress Archived | Report | Nov 24, 2020 |
Related bills 40
Companion bills and other measures the record links to this one.
Titles 12
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to provide for economic recovery, and for other purposes.
- Short Title(s) as Introduced
- RECOVERY Act
- Reinvigorating the Economy, Creating Opportunity for every Vocation, Employer, Retiree & Youth Act
- Short Title(s) as Introduced for portions of this bill
- RECLAIM Act
- Restitution for Economic losses Caused by Leaders who Allow Insurrection and Mayhem Act
- BEAT CHINA Act
- Bring Entrepreneurial Advancements To Consumers Here In North America Act
- Regulations from the Executive in Need of Scrutiny Act of 2020
- LIFT UP Act
- Loan Interest Forgiveness for Taxpayers Under a Pandemic Act
- SAFE TO WORK Act
- Safeguarding America’s Frontline Employees To Offer Work Opportunities Required to Kickstart the Economy Act
Subjects
Assigned by the Library of Congress. Policy area: Health.
- Academic performance and assessments
- Administrative law and regulatory procedures
- Advanced technology and technological innovations
- American Samoa
- Appropriations
- Bank accounts, deposits, capital
- Business investment and capital
- Cardiovascular and respiratory health
- Civil actions and liability
- Competition and antitrust
- Competitiveness, trade promotion, trade deficits
- Computers and information technology
- Congressional operations and organization
- Congressional oversight
- Corporate finance and management
- Department of Energy
- Disability assistance
- Disaster relief and insurance
- Drug safety, medical device, and laboratory regulation
- Economic performance and conditions
- Education programs funding
- Elementary and secondary education
- Emergency medical services and trauma care
- Employment taxes
- Energy storage, supplies, demand
- Evidence and witnesses
- Executive agency funding and structure
- Federal district courts
- Federal preemption
- Federal-Indian relations
- Government information and archives
- Government lending and loan guarantees
- Government trust funds
- Guam
- Health
- Health care costs and insurance
- Health care coverage and access
- Health care quality
- Health information and medical records
- Health personnel
- Health programs administration and funding
- Health promotion and preventive care
- Health technology, devices, supplies
- Higher education
- Home and outpatient care
- Hospital care
- Immunology and vaccination
- Income tax credits
- Income tax deductions
- Income tax exclusion
- Indian social and development programs
- Industrial policy and productivity
- Infectious and parasitic diseases
- Inflation and prices
- Interest, dividends, interest rates
- Intergovernmental relations
- International organizations and cooperation
- Israel
- Judicial procedure and administration
- Judicial review and appeals
- Jurisdiction and venue
- Legal fees and court costs
- Legislative rules and procedure
- Medical tests and diagnostic methods
- Medicare
- Middle East
- Minority education
- Northern Mariana Islands
- Oil and gas
- Product safety and quality
- Religion
- Self-employed
- Small business
- Social security and elderly assistance
- Social work, volunteer service, charitable organizations
- Special education
- State and local finance
- State and local government operations
- State and local taxation
- Strategic materials and reserves
- Student aid and college costs
- Teaching, teachers, curricula
- U.S. territories and protectorates
- Unemployment
- Virgin Islands
- Worker safety and health
Text 1
Each version as it was printed, newest first.
- Sep 8, 2020Introduced in Senate
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.
