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HOPE Act of 2020

Introduced: March 12, 2020 Introduced by: Morelle, Joseph D. Democratic · New York See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2020
Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Agriculture, Education and Labor, Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 12, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Health, Opportunity, and Personal Empowerment Act of 2020 or the HOPE Act of 2020

This bill establishes several Health, Opportunity, and Personal Empowerment (HOPE) pilot projects to improve economic security for individuals who meet income or other requirements. The Department of Health and Human Services (HHS), the Department of Agriculture, and the Department of Housing and Urban Development must collaborate on the projects and report to Congress on project implementation and outcomes.

The HOPE Accounts Pilots provide awards to certain nonprofits to assist eligible individuals in establishing HOPE accounts through banks, credit unions, or governmental agencies. Through technology platforms and other means, HOPE accounts must (1) provide access to specified financial services and information related to public benefits, health insurance, and other topics; and (2) facilitate activities such as applying for government benefits and filing taxes. HHS, in consultation with the other departments, must also hold a merit-based competition to award contracts to private businesses and nonprofits to develop technology applications and other tools for HOPE accounts.

Grants for the HOPE Action Plans Pilot Projects allow nonprofits to enter voluntary agreements with eligible individuals to carry out long-term plans related to improving economic security and upward mobility.

What's happening now March 12, 2020

Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Agriculture, Education and Labor, Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Committees of jurisdiction 6
 Cosponsors 2
All 2 Democratic 2