# 116-hr-7023: 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.

116-hr-7023, 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., is a 116th Congress bill sponsored by Rep. Trahan, Lori [D-MA-3] (D-MA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7023
- 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-7023
- Congress: 116
- Title: 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.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-05-27
- Sponsor: Rep. Trahan, Lori [D-MA-3] (D-MA)
- Cosponsors: 66
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (66)

- Rep. McKinley, David B. [R-WV-1] (R-WV), 2020-05-27T00:00:00.000Z
- Rep. Matsui, Doris O. [D-CA-7] (D-CA), 2020-05-27T00:00:00.000Z
- Rep. Rose, Max [D-NY-11] (D-NY), 2020-05-27T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2020-05-27T00:00:00.000Z
- Rep. Haaland, Debra A. [D-NM-1] (D-NM), 2020-05-27T00:00:00.000Z
- Rep. Ryan, Tim [D-OH-13] (D-OH), 2020-05-27T00:00:00.000Z
- Rep. Trone, David J. [D-MD-6] (D-MD), 2020-05-27T00:00:00.000Z
- Rep. Simpson, Michael K. [R-ID-2] (R-ID), 2020-05-27T00:00:00.000Z
- Rep. Courtney, Joe [D-CT-2] (D-CT), 2020-05-27T00:00:00.000Z
- Sen. Slotkin, Elissa [D-MI] (D-MI), 2020-05-27T00:00:00.000Z
- Rep. Thompson, Glenn [R-PA-15] (R-PA), 2020-05-27T00:00:00.000Z
- Rep. Loebsack, David [D-IA-2] (D-IA), 2020-05-27T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2020-05-27T00:00:00.000Z
- Rep. Morelle, Joseph D. [D-NY-25] (D-NY), 2020-05-27T00:00:00.000Z
- Rep. Escobar, Veronica [D-TX-16] (D-TX), 2020-05-27T00:00:00.000Z
- Rep. Finkenauer, Abby [D-IA-1] (D-IA), 2020-05-27T00:00:00.000Z
- Rep. Higgins, Brian [D-NY-26] (D-NY), 2020-05-27T00:00:00.000Z
- Rep. Wilson, Joe [R-SC-2] (R-SC), 2020-05-27T00:00:00.000Z
- PETER KING (R-NY), 2020-05-27T00:00:00.000Z
- Rep. Cunningham, Joe [D-SC-1] (D-SC), 2020-05-27T00:00:00.000Z
- Rep. Carter, John R. [R-TX-31] (R-TX), 2020-05-27T00:00:00.000Z
- Rep. Brindisi, Anthony [D-NY-22] (D-NY), 2020-05-27T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2020-05-27T00:00:00.000Z
- Rep. Bishop, Rob [R-UT-1] (R-UT), 2020-05-28T00:00:00.000Z
- Rep. Roe, David P. [R-TN-1] (R-TN), 2020-05-28T00:00:00.000Z
- Rep. Kuster, Ann M. [D-NH-2] (D-NH), 2020-06-04T00:00:00.000Z
- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2020-06-04T00:00:00.000Z
- Rep. Brooks, Mo [R-AL-5] (R-AL), 2020-06-04T00:00:00.000Z
- Rep. Palazzo, Steven M. [R-MS-4] (R-MS), 2020-06-08T00:00:00.000Z
- Rep. Bacon, Don [R-NE-2] (R-NE), 2020-06-08T00:00:00.000Z
- Rep. Axne, Cynthia [D-IA-3] (D-IA), 2020-06-08T00:00:00.000Z
- Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] (R-TN), 2020-06-08T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2020-06-08T00:00:00.000Z
- Rep. Bonamici, Suzanne [D-OR-1] (D-OR), 2020-06-08T00:00:00.000Z
- Rep. Keller, Fred [R-PA-12] (R-PA), 2020-06-11T00:00:00.000Z
- Rep. Brown, Anthony G. [D-MD-4] (D-MD), 2020-06-11T00:00:00.000Z
- Rep. Carson, André [D-IN-7] (D-IN), 2020-06-11T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2020-06-11T00:00:00.000Z
- Rep. Gianforte, Greg [R-MT-At Large] (R-MT), 2020-06-15T00:00:00.000Z
- Rep. Costa, Jim [D-CA-21] (D-CA), 2020-06-18T00:00:00.000Z
- Rep. Kelly, Mike [R-PA-16] (R-PA), 2020-06-18T00:00:00.000Z
- Rep. Wenstrup, Brad R. [R-OH-2] (R-OH), 2020-06-18T00:00:00.000Z
- Rep. Aderholt, Robert B. [R-AL-4] (R-AL), 2020-06-18T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2020-06-24T00:00:00.000Z
- Rep. Maloney, Sean Patrick [D-NY-18] (D-NY), 2020-06-29T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2020-06-30T00:00:00.000Z
- Rep. Delgado, Antonio [D-NY-19] (D-NY), 2020-06-30T00:00:00.000Z
- Sen. Blunt Rochester, Lisa [D-DE] (D-DE), 2020-07-01T00:00:00.000Z
- Rep. Katko, John [R-NY-24] (R-NY), 2020-07-01T00:00:00.000Z
- Sen. Kim, Andy [D-NJ] (D-NJ), 2020-07-01T00:00:00.000Z
- Rep. Hurd, Will [R-TX-23] (R-TX), 2020-07-01T00:00:00.000Z
- Rep. Guthrie, Brett [R-KY-2] (R-KY), 2020-07-09T00:00:00.000Z
- Rep. Gonzalez, Anthony [R-OH-16] (R-OH), 2020-07-09T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2020-07-09T00:00:00.000Z
- Rep. Riggleman, Denver [R-VA-5] (R-VA), 2020-07-09T00:00:00.000Z
- Rep. Stefanik, Elise M. [R-NY-21] (R-NY), 2020-07-09T00:00:00.000Z
- Rep. Fudge, Marcia L. [D-OH-11] (D-OH), 2020-07-09T00:00:00.000Z
- Rep. Fortenberry, Jeff [R-NE-1] (R-NE), 2020-07-13T00:00:00.000Z
- Rep. Conaway, K. Michael [R-TX-11] (R-TX), 2020-07-13T00:00:00.000Z
- Rep. Barr, Andy [R-KY-6] (R-KY), 2020-07-16T00:00:00.000Z
- Rep. Beatty, Joyce [D-OH-3] (D-OH), 2020-07-16T00:00:00.000Z
- Rep. Newhouse, Dan [R-WA-4] (R-WA), 2020-07-22T00:00:00.000Z
- Rep. Rose, John W. [R-TN-6] (R-TN), 2020-07-30T00:00:00.000Z
- Rep. Lawson, Al, Jr. [D-FL-5] (D-FL), 2020-07-30T00:00:00.000Z
- Rep. DeSaulnier, Mark [D-CA-10] (D-CA), 2020-08-21T00:00:00.000Z
- Rep. Spanberger, Abigail Davis [D-VA-7] (D-VA), 2020-08-21T00:00:00.000Z

## Related bills

- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-1108: Aviation Funding Stability Act of 2019
- 116-hr-748: CARES Act
- 116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020
- 116-hr-4305: PAWS for Veterans Therapy Act

## Sources
- [116-hr-7023 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7023)

## Related
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-1108: Aviation Funding Stability Act of 2019](https://policyrisk.com/legislation/116-hr-1108)
- [116-hr-748: CARES Act](https://policyrisk.com/legislation/116-hr-748)
- [116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020](https://policyrisk.com/legislation/116-hr-1570)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7023 (as of 2025-11-18).