# 116-hr-6360: To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes.

116-hr-6360, To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes., is a 116th Congress bill sponsored by Rep. Ocasio-Cortez, Alexandria [D-NY-14] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6360
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6360
- Congress: 116
- Title: To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-03-23
- Sponsor: Rep. Ocasio-Cortez, Alexandria [D-NY-14] (D-NY)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill establishes requirements for issuers of securities receiving aid in response to the COVID-19 (i.e., coronavirus disease 2019) emergency. Issuers receiving aid must comply with specified requirements regarding paid leave, minimum wage, and limits on executive compensation. Until the end of the emergency period, issuers receiving aid must maintain preemergency workforce and compensation levels. Additionally, an issuer receiving aid may not provide executive bonuses, purchase its own company's stocks, pay out dividends to stockholders, or engage in lobbying until the issuer repays the aid. Certain issuers receiving aid must (1) have one-third of their board of directors be elected by employees; and (2) provide additional disclosures including those regarding political expenditures, workforce composition, employee benefits, environmental impacts, federal aid, and financial performance.

## Cosponsors (3)

- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2020-03-23T00:00:00.000Z
- Rep. Pressley, Ayanna [D-MA-7] (D-MA), 2020-03-23T00:00:00.000Z
- Rep. Waters, Maxine [D-CA-43] (D-CA), 2020-05-08T00:00:00.000Z

## Related bills

- 116-hr-8015: Delivering for America Act
- 116-hr-7717: Uplifting Our Local Communities Act
- 116-hr-7633: Lead Abatement for Families Act of 2020
- 116-hr-7402: Protecting Renters from Eviction and Fees Act of 2020
- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-7100: George Floyd Law Enforcement Trust and Integrity Act of 2020

## Sources
- [116-hr-6360 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6360)

## Related
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7717: Uplifting Our Local Communities Act](https://policyrisk.com/legislation/116-hr-7717)
- [116-hr-7633: Lead Abatement for Families Act of 2020](https://policyrisk.com/legislation/116-hr-7633)
- [116-hr-7402: Protecting Renters from Eviction and Fees Act of 2020](https://policyrisk.com/legislation/116-hr-7402)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-7100: George Floyd Law Enforcement Trust and Integrity Act of 2020](https://policyrisk.com/legislation/116-hr-7100)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6360 (as of 2025-11-18).