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  <version>3.0.0</version>
  <bill>
    <number>4027</number>
    <updateDate>2023-01-11T13:46:11Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:46:11Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2020-06-22</introducedDate>
    <congress>116</congress>
    <committees>
      <item>
        <systemCode>ssga00</systemCode>
        <name>Homeland Security and Governmental Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2020-06-22T22:19:58Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2020-06-22</actionDate>
        <committees>
          <item>
            <systemCode>ssga00</systemCode>
            <name>Homeland Security and Governmental Affairs Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2020-06-22</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>E000295</bioguideId>
        <fullName>Sen. Ernst, Joni [R-IA]</fullName>
        <firstName>Joni</firstName>
        <lastName>Ernst</lastName>
        <party>R</party>
        <state>IA</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Congress</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Business expenses</name>
        </item>
        <item>
          <name>Cardiovascular and respiratory health</name>
        </item>
        <item>
          <name>Congressional officers and employees</name>
        </item>
        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Emergency medical services and trauma care</name>
        </item>
        <item>
          <name>Government ethics and transparency, public corruption</name>
        </item>
        <item>
          <name>Government information and archives</name>
        </item>
        <item>
          <name>Government lending and loan guarantees</name>
        </item>
        <item>
          <name>Infectious and parasitic diseases</name>
        </item>
        <item>
          <name>Members of Congress</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
        <item>
          <name>Wages and earnings</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Congress</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2020-06-22</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2021-05-26T14:54:41Z</updateDate>
        <text><![CDATA[ <p><b>Transparency Requirements Aimed at Congressional Expenditures Act or the TRACE Act</b></p> <p>This bill requires a Member of Congress, spouse of a Member, or employee of Congress to submit a financial disclosure if a business that they own or control receives a loan under the Paycheck Protection Program for small businesses affected by COVID-19 (i.e., coronavirus disease 2019). The disclosure must include the name and address of the recipient's place of business and the amount of the loan.</p>]]></text>
      </summary>
    </summaries>
    <title>TRACE Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>TRACE Act</title>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>TRACE Act</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <title>Transparency Requirements Aimed at Congressional Expenditures Act</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Small Business Act to require Members of Congress, spouses of Members of Congress, and employees of Congress who receive a loan under the paycheck protection program to submit a financial disclosure form.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2020-06-22T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-116s4027is/xml/BILLS-116s4027is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2020-06-22</actionDate>
      <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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