3.0.0 6705 2023-01-11T13:43:01Z 2023-01-11T13:43:01Z House HR 2020-05-05 116 [Congressional Record Volume 166, Number 84 (Tuesday, May 5, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. AXNE:H.R. 6705.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the power granted toCongress under Article I, Section 8 of the United StatesConstitution.[Page H1979]]]> hsgo00 Oversight and Accountability Committee House Standing Referred to 2020-05-05T14:30:25Z 2020-05-05 Referred to the House Committee on Oversight and Reform. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2020-05-05 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-05-05 Introduced in House IntroReferral 1000 9 Library of Congress A000378 Rep. Axne, Cynthia [D-IA-3] Cynthia Axne D IA 3 N K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2020-05-05 True S001204 Del. San Nicolas, Michael F. Q. [D-GU-At Large] Michael San Nicolas D GU F. Q. 0 2020-05-08 False F000467 Rep. Finkenauer, Abby [D-IA-1] Abby Finkenauer D IA 1 2020-05-12 False H001090 Rep. Harder, Josh [D-CA-10] Josh Harder D CA 10 2020-05-12 False S001209 Rep. Spanberger, Abigail Davis [D-VA-7] Abigail Spanberger D VA Davis 7 2020-05-22 False P000618 Rep. Porter, Katie [D-CA-45] Katie Porter D CA 45 2020-05-22 False Government Operations and Politics Appropriations Cardiovascular and respiratory health Emergency medical services and trauma care Government information and archives 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 Government Operations and Politics 00 2020-05-05 Introduced in House 2020-05-18T20:08:38Z 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.

]]> Coronavirus State and Local Financial Assistance Act Display Title Coronavirus State and Local Financial Assistance Act 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. Introduced in House IH Short Title(s) as Introduced Coronavirus State and Local Financial Assistance Act Introduced in House IH Introduced in House 2020-05-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6705ih/xml/BILLS-116hr6705ih.xml 2020-05-05 Referred to the House Committee on Oversight and Reform. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.