3.0.0 4670 2023-01-11T13:44:43Z 2023-01-11T13:44:43Z Senate S 2020-09-23 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2020-09-23T20:45:19Z 2020-09-23 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2020-09-23 Introduced in Senate IntroReferral 10000 9 Library of Congress M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS N S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2020-09-23 True R000605 Sen. Rounds, Mike [R-SD] Mike Rounds R SD 2020-09-23 True B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2020-09-23 True T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland 2020-09-23 True Commerce Business investment and capital Cardiovascular and respiratory health Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Real estate business Securities Commerce 00 2020-09-23 Introduced in Senate 2020-12-16T15:17:38Z Preserving Equity on Main Street Act of 2020

This bill authorizes the Department of the Treasury to directly purchase, or provide guarantees to enable the purchase of, preferred equity positions in commercial real estate companies that require capital to satisfy outstanding debt obligations. Treasury may take these actions in order to provide assistance related to losses incurred as a result of COVID-19 (i.e., coronavirus disease 2019).

]]> Preserving Equity on Main Street Act of 2020 Display Title Preserving Equity on Main Street Act of 2020 Short Title(s) as Introduced Preserving Equity on Main Street Act of 2020 Introduced in Senate IS Official Title as Introduced A bill to amend the CARES Act to permit the Secretary of the Treasury to purchase, or to enable the purchase of, preferred equity positions in commercial real estate entities, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-09-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s4670is/xml/BILLS-116s4670is.xml 2020-09-23 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.