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HR 6396 116th Congress House Economics and Public Finance Accounting and auditing Administrative law and regulatory procedures Agricultural prices, subsidies, credit Appropriations Bank accounts, deposits, capital Banking and financial institutions regulation Business expenses Cardiovascular and respiratory health Congressional oversight Consumer credit Corporate finance and management Credit and credit markets Disaster relief and insurance Drug safety, medical device, and laboratory regulation Economic performance and conditions Emergency medical services and trauma care Employee benefits and pensions Employee leave Executive agency funding and structure

Responsible Relief for Americans Act

Introduced: March 26, 2020 Introduced by: Biggs, Andy Republican · Arizona See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 30, 2020
Referred to the Subcommittee on Health.
Sep 30, 2020
Referred to the Subcommittee on Economic Opportunity.
Aug 13, 2020
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Mar 26, 2020
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, House Administration, Energy and Commerce, Small Business, the Judiciary, Financial Services, Veterans' Affairs, and Agriculture, 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 26, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Responsible Relief for Americans Act

This bill revises and establishes economic assistance measures in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill provides funding for and authorizes the Small Business Administration (SBA) to guarantee paycheck protection loans made to small businesses. Recipients of such loans are eligible for forgiveness of amounts expended for specified costs such as payroll. Small businesses may request an advance of up $10,000 on an SBA disaster loan for which they have applied in response to COVID-19.

Further the bill

  • requires the SBA to temporarily pay the principal, interest, and any associated fees that are owed on certain SBA loans;
  • repeals provisions that require an employer to provide paid sick leave for employees who are unable to work due to COVID-19;
  • repeals provisions authorizing the use of certain funds to provide educational assistance and training for U.S. workers;
  • provides additional time for federal contractors to carry out their responsibilities and guarantees payment continuation for federal contractors who are delayed or interrupted because of COVID-19;
  • increases and expands the tax deduction for certain trade or business income;
  • authorizes borrowers with federally backed mortgages who are experiencing financial hardship due to COVID-19 to request forbearance;
  • revises provisions relating to health savings accounts (HSAs), including to allow increased participation in HSAs and to increase the limit on contributions to HSAs;
  • expands reporting requirements for pharmaceutical manufacturers; and
  • extends the deadline for filing 2019 individual income tax returns from April 15, 2019, to November 15, 2019.
What's happening now September 30, 2020

Referred to the Subcommittee on Health.

 Committees of jurisdiction 13
 Cosponsors 4
All 4 Republican 4