H.R.7412: Business Interruption Relief Act of 2020

About This Bill

  • Introduced June 29, 2020
  • Latest Major Action June 29, 2020

Bill Version

Bill Summary

Business Interruption Relief Act of 2020 This bill establishes the Business Interruption Relief Program within the Department of the Treasury to provide financial assistance to insurers that voluntarily pay benefits under certain policies for COVID-19 (i.e., coronavirus disease 2019) losses. Specifically, insurers qualify for the program if the insurer has at least one outstanding and existing policy for business interruption coverage that...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.7412.

Bill Actions

Date Description
June 29, 2020
Referred to the House Committee on Financial Services.
June 29, 2020

Introduced in the House by Mike Thompson (D-Calif.)

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