To permit, due to the COVID-19 emergency, Federal financial regulators to allow for the temporary waiver of requirements that a State, territory, or local government provide matching or cost-sharing funds before receiving a grant from a Federal financial regulator, to allow for certain reprogramming of funds to support unemployment, childcare, and healthcare programs, and for other purposes.
Sponsored By: Representative San Nicolas, Michael F. Q. [D-GU-At Large]
Unknown
Summary
This bill temporarily allows financial regulators to waive cost-sharing and program requirements for certain state, territory, and local government grants. Financial regulators may permit these funds to be reprogrammed for purposes related to unemployment, childcare, or healthcare.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
San Nicolas, Michael F. Q. [D-GU-At Large]
GU • D
Cosponsors
Rep. Waters, Maxine [D-CA-43]
CA • D
Sponsored 5/12/2020
Roll Call Votes
No roll call votes available for this bill.
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