# 116-hr-6983: Pandemic Risk Insurance Act of 2020

116-hr-6983, Pandemic Risk Insurance Act of 2020, is a 116th Congress bill sponsored by Rep. Maloney, Carolyn B. [D-NY-12] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6983
- 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-6983
- Congress: 116
- Title: Pandemic Risk Insurance Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-05-22
- Sponsor: Rep. Maloney, Carolyn B. [D-NY-12] (D-NY)
- Cosponsors: 20
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Pandemic Risk Insurance Act of 2020 This bill establishes the Pandemic Risk Reinsurance Program within the Department of the Treasury. The program generally provides compensation to insurers if they incur losses as a result of coverage related to pandemics and outbreaks of disease. Insurers may elect to participate in the program if they meet certain criteria. Specifically, insurers participating in the program must offer, in all business interruption insurance policies, coverage for public health emergencies related to an outbreak of infectious disease or a pandemic declared on or after January 1, 2021, and certified by the Department of Health and Human Services. The program is triggered when aggregate industry insured losses for participating insurers resulting from a covered public health emergency exceed $250 million. The bill establishes the share of insured losses the program would cover, conditions for payment to insurers, caps on annual liability, and the amount insurers must annually pay in deductibles. The bill also provides for the treatment of existing business interruption insurance policies and state residual market insurance entities. The Government Accountability Office must report on the availability and affordability of business interruption insurance.

## Cosponsors (20)

- Rep. Thompson, Mike [D-CA-4] (D-CA), 2020-05-22T00:00:00.000Z
- Rep. DeLauro, Rosa L. [D-CT-3] (D-CT), 2020-05-22T00:00:00.000Z
- Rep. Jackson Lee, Sheila [D-TX-18] (D-TX), 2020-05-22T00:00:00.000Z
- Rep. Pingree, Chellie [D-ME-1] (D-ME), 2020-05-22T00:00:00.000Z
- Rep. Courtney, Joe [D-CT-2] (D-CT), 2020-05-22T00:00:00.000Z
- Rep. Rose, Max [D-NY-11] (D-NY), 2020-05-22T00:00:00.000Z
- Rep. Cisneros, Gilbert Ray [D-CA-31] (D-CA), 2020-05-22T00:00:00.000Z
- Rep. Gonzalez, Vicente [D-TX-34] (D-TX), 2020-05-22T00:00:00.000Z
- Rep. Porter, Katie [D-CA-47] (D-CA), 2020-05-22T00:00:00.000Z
- Rep. Lieu, Ted [D-CA-36] (D-CA), 2020-05-22T00:00:00.000Z
- Rep. Rice, Kathleen M. [D-NY-4] (D-NY), 2020-05-22T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2020-05-22T00:00:00.000Z
- Rep. Green, Al [D-TX-9] (D-TX), 2020-05-22T00:00:00.000Z
- Rep. Morelle, Joseph D. [D-NY-25] (D-NY), 2020-05-22T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2020-05-22T00:00:00.000Z
- Rep. Wild, Susan [D-PA-7] (D-PA), 2020-05-22T00:00:00.000Z
- Rep. Ryan, Tim [D-OH-13] (D-OH), 2020-05-22T00:00:00.000Z
- Rep. Titus, Dina [D-NV-1] (D-NV), 2020-05-22T00:00:00.000Z
- Rep. Meng, Grace [D-NY-6] (D-NY), 2020-05-22T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2020-05-22T00:00:00.000Z

## Related bills

- 116-hr-8015: Delivering for America Act
- 116-hr-7197: RESTAURANTS Act of 2020
- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-7011: Pandemic Risk Insurance Act of 2020
- 116-hr-2474: Protecting the Right to Organize Act of 2019
- 116-hr-2420: National Museum of the American Latino Act

## Sources
- [116-hr-6983 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6983)

## Related
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7197: RESTAURANTS Act of 2020](https://policyrisk.com/legislation/116-hr-7197)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-7011: Pandemic Risk Insurance Act of 2020](https://policyrisk.com/legislation/116-hr-7011)
- [116-hr-2474: Protecting the Right to Organize Act of 2019](https://policyrisk.com/legislation/116-hr-2474)
- [116-hr-2420: National Museum of the American Latino Act](https://policyrisk.com/legislation/116-hr-2420)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6983 (as of 2025-11-18).