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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.

USA116th CongressHR-7023| House 
| Updated: 5/27/2020
Lori Trahan

Lori Trahan

Democratic Representative

Massachusetts

Cosponsors (66)
Al Lawson (Democratic)David Loebsack (Democratic)Tim Ryan (Democratic)David Kustoff (Republican)Mo Brooks (Republican)Marcy Kaptur (Democratic)John Katko (Republican)Elise M. Stefanik (Republican)John R. Carter (Republican)Steven M. Palazzo (Republican)Brett Guthrie (Republican)Abigail Davis Spanberger (Democratic)Peter T. King (Republican)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Steve Stivers (Republican)David J. Trone (Democratic)Brian Higgins (Democratic)Debra A. Haaland (Democratic)Max Rose (Democratic)Joe Courtney (Democratic)Glenn Thompson (Republican)Brad R. Wenstrup (Republican)Paul Tonko (Democratic)Thomas R. Suozzi (Democratic)Anthony G. Brown (Democratic)Rob Bishop (Republican)David B. McKinley (Republican)Greg Gianforte (Republican)Dan Newhouse (Republican)Ann M. Kuster (Democratic)Sean Patrick Maloney (Democratic)Don Bacon (Republican)André Carson (Democratic)Andy Barr (Republican)Mark DeSaulnier (Democratic)Joe Wilson (Republican)Joseph D. Morelle (Democratic)Joe Cunningham (Democratic)Mike Kelly (Republican)Doris O. Matsui (Democratic)Marcia L. Fudge (Democratic)Will Hurd (Republican)Denver Riggleman (Republican)Anthony Brindisi (Democratic)Charles J. "Chuck" Fleischmann (Republican)Betty McCollum (Democratic)Antonio Delgado (Democratic)Anthony Gonzalez (Republican)Abby Finkenauer (Democratic)Jim Costa (Democratic)Cynthia Axne (Democratic)Michael K. Simpson (Republican)Andy Kim (Democratic)James P. McGovern (Democratic)Jeff Fortenberry (Republican)John W. Rose (Republican)Peter Welch (Democratic)Brian K. Fitzpatrick (Republican)Elissa Slotkin (Democratic)Suzanne Bonamici (Democratic)K. Michael Conaway (Republican)Veronica Escobar (Democratic)David P. Roe (Republican)Robert B. Aderholt (Republican)Fred Keller (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
May 27, 2020
Introduced in House
May 27, 2020
Referred to the House Committee on Financial Services.
  • May 27, 2020
    Introduced in House


  • May 27, 2020
    Referred to the House Committee on Financial Services.

Commerce

Business investment and capitalCardiovascular and respiratory healthEconomic performance and conditionsEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesMuseums, exhibitions, cultural centersPerforming artsSmall businessSports and recreation facilities

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.

USA116th CongressHR-7023| House 
| Updated: 5/27/2020
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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Timeline
May 27, 2020
Introduced in House
May 27, 2020
Referred to the House Committee on Financial Services.
  • May 27, 2020
    Introduced in House


  • May 27, 2020
    Referred to the House Committee on Financial Services.
Lori Trahan

Lori Trahan

Democratic Representative

Massachusetts

Cosponsors (66)
Al Lawson (Democratic)David Loebsack (Democratic)Tim Ryan (Democratic)David Kustoff (Republican)Mo Brooks (Republican)Marcy Kaptur (Democratic)John Katko (Republican)Elise M. Stefanik (Republican)John R. Carter (Republican)Steven M. Palazzo (Republican)Brett Guthrie (Republican)Abigail Davis Spanberger (Democratic)Peter T. King (Republican)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Steve Stivers (Republican)David J. Trone (Democratic)Brian Higgins (Democratic)Debra A. Haaland (Democratic)Max Rose (Democratic)Joe Courtney (Democratic)Glenn Thompson (Republican)Brad R. Wenstrup (Republican)Paul Tonko (Democratic)Thomas R. Suozzi (Democratic)Anthony G. Brown (Democratic)Rob Bishop (Republican)David B. McKinley (Republican)Greg Gianforte (Republican)Dan Newhouse (Republican)Ann M. Kuster (Democratic)Sean Patrick Maloney (Democratic)Don Bacon (Republican)André Carson (Democratic)Andy Barr (Republican)Mark DeSaulnier (Democratic)Joe Wilson (Republican)Joseph D. Morelle (Democratic)Joe Cunningham (Democratic)Mike Kelly (Republican)Doris O. Matsui (Democratic)Marcia L. Fudge (Democratic)Will Hurd (Republican)Denver Riggleman (Republican)Anthony Brindisi (Democratic)Charles J. "Chuck" Fleischmann (Republican)Betty McCollum (Democratic)Antonio Delgado (Democratic)Anthony Gonzalez (Republican)Abby Finkenauer (Democratic)Jim Costa (Democratic)Cynthia Axne (Democratic)Michael K. Simpson (Republican)Andy Kim (Democratic)James P. McGovern (Democratic)Jeff Fortenberry (Republican)John W. Rose (Republican)Peter Welch (Democratic)Brian K. Fitzpatrick (Republican)Elissa Slotkin (Democratic)Suzanne Bonamici (Democratic)K. Michael Conaway (Republican)Veronica Escobar (Democratic)David P. Roe (Republican)Robert B. Aderholt (Republican)Fred Keller (Republican)

Financial Services Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalCardiovascular and respiratory healthEconomic performance and conditionsEmergency medical services and trauma careGovernment lending and loan guaranteesInfectious and parasitic diseasesMuseums, exhibitions, cultural centersPerforming artsSmall businessSports and recreation facilities