To require the Secretary of the Treasury to implement a program that provides financial assistance to sports facilities, museums, and community theaters, and for other purposes.
Sponsored By: Representative Trahan, Lori [D-MA-3]
Unknown
Summary
This bill requires the Department of the Treasury to implement a program to provide financing of at least $1 billion for loans related to losses incurred as a result of COVID-19 (i.e., coronavirus disease 2019) to certain community-owned or private businesses that have contractual obligations for making lease, rent, or bond payments for publicly owned sports facilities, museums, and community theaters. Terms for such loans shall include (1) a 15-year term, (2) no requirement to provide collateral or a guaranty, and (3) a maximum loan amount of $25 million. An applicant for such a loan must make a good faith certification that, among other things, (1) the loan request is necessary to support the recipient's ongoing operations; and (2) the recipient will use the loan for purposes directly connected to contracted services, including performances and sporting events.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Trahan, Lori [D-MA-3]
MA • D
Cosponsors
Rep. McKinley, David B. [R-WV-1]
WV • R
Sponsored 5/27/2020
Rep. Matsui, Doris O. [D-CA-7]
CA • D
Sponsored 5/27/2020
Rep. Rose, Max [D-NY-11]
NY • D
Sponsored 5/27/2020
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 5/27/2020
Rep. Haaland, Debra A. [D-NM-1]
NM • D
Sponsored 5/27/2020
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 5/27/2020
Rep. Trone, David J. [D-MD-6]
MD • D
Sponsored 5/27/2020
Rep. Simpson, Michael K. [R-ID-2]
ID • R
Sponsored 5/27/2020
Rep. Courtney, Joe [D-CT-2]
CT • D
Sponsored 5/27/2020
Sen. Slotkin, Elissa [D-MI]
MI • D
Sponsored 5/27/2020
Rep. Thompson, Glenn [R-PA-15]
PA • R
Sponsored 5/27/2020
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 5/27/2020
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 5/27/2020
Rep. Morelle, Joseph D. [D-NY-25]
NY • D
Sponsored 5/27/2020
Rep. Escobar, Veronica [D-TX-16]
TX • D
Sponsored 5/27/2020
Rep. Finkenauer, Abby [D-IA-1]
IA • D
Sponsored 5/27/2020
Rep. Higgins, Brian [D-NY-26]
NY • D
Sponsored 5/27/2020
Rep. Wilson, Joe [R-SC-2]
SC • R
Sponsored 5/27/2020
PETER KING
NY • R
Sponsored 5/27/2020
Rep. Cunningham, Joe [D-SC-1]
SC • D
Sponsored 5/27/2020
Rep. Carter, John R. [R-TX-31]
TX • R
Sponsored 5/27/2020
Rep. Brindisi, Anthony [D-NY-22]
NY • D
Sponsored 5/27/2020
Rep. McCollum, Betty [D-MN-4]
MN • D
Sponsored 5/27/2020
Rep. Bishop, Rob [R-UT-1]
UT • R
Sponsored 5/28/2020
Rep. Roe, David P. [R-TN-1]
TN • R
Sponsored 5/28/2020
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 6/4/2020
Rep. Kaptur, Marcy [D-OH-9]
OH • D
Sponsored 6/4/2020
Rep. Brooks, Mo [R-AL-5]
AL • R
Sponsored 6/4/2020
Rep. Palazzo, Steven M. [R-MS-4]
MS • R
Sponsored 6/8/2020
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 6/8/2020
Rep. Axne, Cynthia [D-IA-3]
IA • D
Sponsored 6/8/2020
Rep. Fleischmann, Charles J. "Chuck" [R-TN-3]
TN • R
Sponsored 6/8/2020
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 6/8/2020
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 6/8/2020
Rep. Keller, Fred [R-PA-12]
PA • R
Sponsored 6/11/2020
Rep. Brown, Anthony G. [D-MD-4]
MD • D
Sponsored 6/11/2020
Rep. Carson, André [D-IN-7]
IN • D
Sponsored 6/11/2020
Rep. McGovern, James P. [D-MA-2]
MA • D
Sponsored 6/11/2020
Rep. Gianforte, Greg [R-MT-At Large]
MT • R
Sponsored 6/15/2020
Rep. Costa, Jim [D-CA-21]
CA • D
Sponsored 6/18/2020
Rep. Kelly, Mike [R-PA-16]
PA • R
Sponsored 6/18/2020
Rep. Wenstrup, Brad R. [R-OH-2]
OH • R
Sponsored 6/18/2020
Rep. Aderholt, Robert B. [R-AL-4]
AL • R
Sponsored 6/18/2020
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 6/24/2020
Rep. Maloney, Sean Patrick [D-NY-18]
NY • D
Sponsored 6/29/2020
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 6/30/2020
Rep. Delgado, Antonio [D-NY-19]
NY • D
Sponsored 6/30/2020
Sen. Blunt Rochester, Lisa [D-DE]
DE • D
Sponsored 7/1/2020
Rep. Katko, John [R-NY-24]
NY • R
Sponsored 7/1/2020
Sen. Kim, Andy [D-NJ]
NJ • D
Sponsored 7/1/2020
Rep. Hurd, Will [R-TX-23]
TX • R
Sponsored 7/1/2020
Rep. Guthrie, Brett [R-KY-2]
KY • R
Sponsored 7/9/2020
Rep. Gonzalez, Anthony [R-OH-16]
OH • R
Sponsored 7/9/2020
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 7/9/2020
Rep. Riggleman, Denver [R-VA-5]
VA • R
Sponsored 7/9/2020
Rep. Stefanik, Elise M. [R-NY-21]
NY • R
Sponsored 7/9/2020
Rep. Fudge, Marcia L. [D-OH-11]
OH • D
Sponsored 7/9/2020
Rep. Fortenberry, Jeff [R-NE-1]
NE • R
Sponsored 7/13/2020
Rep. Conaway, K. Michael [R-TX-11]
TX • R
Sponsored 7/13/2020
Rep. Barr, Andy [R-KY-6]
KY • R
Sponsored 7/16/2020
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 7/16/2020
Rep. Newhouse, Dan [R-WA-4]
WA • R
Sponsored 7/22/2020
Rep. Rose, John W. [R-TN-6]
TN • R
Sponsored 7/30/2020
Rep. Lawson, Al, Jr. [D-FL-5]
FL • D
Sponsored 7/30/2020
Rep. DeSaulnier, Mark [D-CA-10]
CA • D
Sponsored 8/21/2020
Rep. Spanberger, Abigail Davis [D-VA-7]
VA • D
Sponsored 8/21/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov