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To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other…

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To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes.

Introduced: March 23, 2020 Introduced by: Ocasio-Cortez, Alexandria Democratic · New York See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2020
Introduced in House
Mar 23, 2020
Referred to the House Committee on Financial Services.
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 Plain-English summary Congressional Research Service

This bill establishes requirements for issuers of securities receiving aid in response to the COVID-19 (i.e., coronavirus disease 2019) emergency.

Issuers receiving aid must comply with specified requirements regarding paid leave, minimum wage, and limits on executive compensation. Until the end of the emergency period, issuers receiving aid must maintain preemergency workforce and compensation levels. Additionally, an issuer receiving aid may not provide executive bonuses, purchase its own company's stocks, pay out dividends to stockholders, or engage in lobbying until the issuer repays the aid.

Certain issuers receiving aid must (1) have one-third of their board of directors be elected by employees; and (2) provide additional disclosures including those regarding political expenditures, workforce composition, employee benefits, environmental impacts, federal aid, and financial performance.

What's happening now March 23, 2020

Referred to the House Committee on Financial Services.

 Related & companion bills 2
  • HR 6379 Related bill Workforce Emergency Response Act of 2020
  • HR 6321 Related bill Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Waters, Maxine
California · May 8, 2020
 D
Pressley, Ayanna
Massachusetts · Mar 23, 2020
 D
Tlaib, Rashida
Michigan · Mar 23, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6360: To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6360/
MLA
"H.R. 6360: To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6360/.
Bluebook (legal)
H.R. 6360, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6360/.
Markdown link
[H.R. 6360: To establish requirements on accelerated filers receiving Federal aid related to COVID-19, to establish requirements on all corporations until Federal aid related to COVID-19 is repaid, and for other purposes.](https://openamerica.io/bill/116-HR-6360/)
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