Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
116-hr-7809116th Congress
HOPE Act of 2020
Sponsored By: Representative Taylor, Van [R-TX-3]
Unknown
Summary
Helping Open Properties Endeavor Act of 2020 or the HOPE Act of 2020 This bill establishes an equity facility in the Department of the Treasury to assist commercial mortgage borrowers. Specifically, Treasury must guarantee the purchase by financial institutions of certain equity instruments backed by a commercial mortgage. The bill defines commercial mortgage as a mortgage loan secured by an interest in real property owned for rental income. Borrowers with reduced revenues from their commercial property may qualify for an amount not to exceed 10% of the outstanding amount owed on their commercial mortgage. The bill sets forth eligibility requirements for borrowers, as well as requirements for the equity instruments, including rates, fees, repayment, and the rights of purchasers.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Taylor, Van [R-TX-3]
TX • R
Cosponsors
Rep. Lawson, Al, Jr. [D-FL-5]
FL • D
Sponsored 7/29/2020
Rep. Barr, Andy [R-KY-6]
KY • R
Sponsored 7/29/2020
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 7/31/2020
Rep. Hagedorn, Jim [R-MN-1]
MN • R
Sponsored 7/31/2020
Rep. Rouda, Harley [D-CA-48]
CA • D
Sponsored 8/4/2020
Rep. Grothman, Glenn [R-WI-6]
WI • R
Sponsored 8/4/2020
Rep. Gonzalez, Vicente [D-TX-34]
TX • D
Sponsored 8/4/2020
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 8/7/2020
Rep. Guest, Michael [R-MS-3]
MS • R
Sponsored 8/7/2020
Rep. McMorris Rodgers, Cathy [R-WA-5]
WA • R
Sponsored 8/7/2020
Rep. Pence, Greg [R-IN-6]
IN • R
Sponsored 8/7/2020
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 8/11/2020
Rep. Rouzer, David [R-NC-7]
NC • R
Sponsored 8/11/2020
Rep. Reed, Tom [R-NY-23]
NY • R
Sponsored 8/21/2020
Rep. Reschenthaler, Guy [R-PA-14]
PA • R
Sponsored 8/21/2020
Rep. Posey, Bill [R-FL-8]
FL • R
Sponsored 8/21/2020
Rep. Van Drew, Jefferson [R-NJ-2]
NJ • R
Sponsored 8/21/2020
Rep. Bishop, Dan [R-NC-9]
NC • R
Sponsored 8/21/2020
Rep. Norman, Ralph [R-SC-5]
SC • R
Sponsored 8/21/2020
Rep. Westerman, Bruce [R-AR-4]
AR • R
Sponsored 8/21/2020
Rep. Hudson, Richard [R-NC-9]
NC • R
Sponsored 8/21/2020
Rep. Crist, Charlie [D-FL-13]
FL • D
Sponsored 8/22/2020
Rep. Phillips, Dean [D-MN-3]
MN • D
Sponsored 8/22/2020
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 8/25/2020
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 8/25/2020
Sen. Budd, Ted [R-NC]
NC • R
Sponsored 8/25/2020
Rep. Bergman, Jack [R-MI-1]
MI • R
Sponsored 8/25/2020
Rep. Gonzalez, Anthony [R-OH-16]
OH • R
Sponsored 9/4/2020
Rep. Moolenaar, John R. [R-MI-2]
MI • R
Sponsored 9/4/2020
Rep. Schweikert, David [R-AZ-1]
AZ • R
Sponsored 9/11/2020
Rep. Katko, John [R-NY-24]
NY • R
Sponsored 9/11/2020
Rep. Walberg, Tim [R-MI-5]
MI • R
Sponsored 9/11/2020
Rep. Latta, Robert E. [R-OH-5]
OH • R
Sponsored 9/11/2020
Rep. Carter, John R. [R-TX-31]
TX • R
Sponsored 9/11/2020
Rep. Cunningham, Joe [D-SC-1]
SC • D
Sponsored 9/11/2020
Rep. Harder, Josh [D-CA-9]
CA • D
Sponsored 9/11/2020
Rep. Grijalva, Raúl M. [D-AZ-7]
AZ • D
Sponsored 9/11/2020
Rep. Upton, Fred [R-MI-6]
MI • R
Sponsored 9/11/2020
Rep. Lesko, Debbie [R-AZ-8]
AZ • R
Sponsored 9/14/2020
Rep. Horn, Kendra S. [D-OK-5]
OK • D
Sponsored 9/14/2020
Rep. Baird, James R. [R-IN-4]
IN • R
Sponsored 9/14/2020
Rep. Byrne, Bradley [R-AL-1]
AL • R
Sponsored 9/15/2020
Rep. Hern, Kevin [R-OK-1]
OK • R
Sponsored 9/15/2020
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 9/16/2020
Rep. Wilson, Joe [R-SC-2]
SC • R
Sponsored 9/16/2020
Rep. Gooden, Lance [R-TX-5]
TX • R
Sponsored 9/16/2020
Rep. Webster, Daniel [R-FL-11]
FL • R
Sponsored 9/16/2020
Rep. Mooney, Alexander X. [R-WV-2]
WV • R
Sponsored 9/16/2020
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 9/16/2020
Rep. Bucshon, Larry [R-IN-8]
IN • R
Sponsored 9/17/2020
Rep. Graves, Tom [R-GA-14]
GA • R
Sponsored 9/17/2020
Rep. Riggleman, Denver [R-VA-5]
VA • R
Sponsored 9/22/2020
Rep. Torres, Norma J. [D-CA-35]
CA • D
Sponsored 9/22/2020
Sen. Curtis, John R. [R-UT]
UT • R
Sponsored 9/22/2020
Rep. Walorski, Jackie [R-IN-2]
IN • R
Sponsored 9/22/2020
Sen. Slotkin, Elissa [D-MI]
MI • D
Sponsored 9/22/2020
Rep. Stauber, Pete [R-MN-8]
MN • R
Sponsored 9/23/2020
Rep. Smith, Jason [R-MO-8]
MO • R
Sponsored 9/23/2020
Rep. Ruiz, Raul [D-CA-25]
CA • D
Sponsored 9/24/2020
Rep. Keller, Fred [R-PA-12]
PA • R
Sponsored 9/29/2020
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 9/29/2020
Rep. Foster, Bill [D-IL-11]
IL • D
Sponsored 9/29/2020
Rep. Tiffany, Thomas P. [R-WI-7]
WI • R
Sponsored 9/29/2020
Rep. Loudermilk, Barry [R-GA-11]
GA • R
Sponsored 9/30/2020
Rep. Rooney, Francis [R-FL-19]
FL • R
Sponsored 9/30/2020
Rep. Krishnamoorthi, Raja [D-IL-8]
IL • D
Sponsored 10/1/2020
Rep. LaHood, Darin [R-IL-16]
IL • R
Sponsored 10/1/2020
Rep. Bera, Ami [D-CA-6]
CA • D
Sponsored 10/1/2020
Rep. Quigley, Mike [D-IL-5]
IL • D
Sponsored 10/1/2020
Rep. Trone, David J. [D-MD-6]
MD • D
Sponsored 10/9/2020
Rep. Comer, James [R-KY-1]
KY • R
Sponsored 10/9/2020
Rep. Cole, Tom [R-OK-4]
OK • R
Sponsored 10/16/2020
Rep. Stevens, Haley M. [D-MI-11]
MI • D
Sponsored 10/16/2020
Rep. Cuellar, Henry [D-TX-28]
TX • D
Sponsored 10/20/2020
Rep. Napolitano, Grace F. [D-CA-31]
CA • D
Sponsored 10/23/2020
Rep. Murphy, Stephanie N. [D-FL-7]
FL • D
Sponsored 10/23/2020
Rep. Joyce, David P. [R-OH-14]
OH • R
Sponsored 11/2/2020
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 12/2/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov