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- H.R.6852
H.R.6852: To prohibit the Secretary of the Treasury and the Board of Governors of the Federal Reserve System from waiving provisions related to COVID-19 emergency relief and taxpayer protections related to such relief.
About This Bill
- Introduced May 13, 2020
- Latest Major Action May 13, 2020
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Version
- Introduced in House - May 13, 2020
Bill Summary
This bill prohibits the Department of the Treasury and the Federal Reserve Board from waiving requirements related to COVID-19 (i.e., coronavirus disease 2019) economic aid. Businesses receiving this aid must comply with compensation limits, bans on stock buybacks, and prohibitions on payment of stock dividends, among other requirements.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 13, 2020 |
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| May 13, 2020 |
Introduced in the House by Alexandria Ocasio-Cortez (D-N.Y.) |