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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.

USA116th CongressHR-6366| House 
| Updated: 3/23/2020
Michael F. Q. San Nicolas

Michael F. Q. San Nicolas

Democratic Representative

Guam

Cosponsors (1)
Maxine Waters (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
Mar 23, 2020
Introduced in House
Mar 23, 2020
Referred to the House Committee on Financial Services.
  • March 23, 2020
    Introduced in House
  • March 23, 2020
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • HR 116-6379: Workforce Emergency Response Act of 2020
  • HR 116-6321: Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
Banking and financial institutions regulationChild care and developmentEconomic performance and conditionsFinancial crises and stabilizationHealth programs administration and fundingState and local financeUnemploymentU.S. territories and protectorates

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.

USA116th CongressHR-6366| House 
| Updated: 3/23/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 23, 2020
Introduced in House
Mar 23, 2020
Referred to the House Committee on Financial Services.
  • March 23, 2020
    Introduced in House
  • March 23, 2020
    Referred to the House Committee on Financial Services.
Michael F. Q. San Nicolas

Michael F. Q. San Nicolas

Democratic Representative

Guam

Cosponsors (1)
Maxine Waters (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 116-6379: Workforce Emergency Response Act of 2020
  • HR 116-6321: Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Banking and financial institutions regulationChild care and developmentEconomic performance and conditionsFinancial crises and stabilizationHealth programs administration and fundingState and local financeUnemploymentU.S. territories and protectorates