Coronavirus State and Local Financial Assistance Act
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Coronavirus State and Local Financial Assistance Act
This bill (1) directs the Department of the Treasury to establish a State and Local Government Coronavirus Relief Program under which Treasury shall make monthly grants to states to make up for revenue lost from March 1-December 31, 2020, due to COVID-19 (i.e., coronavirus disease 2019) and social distancing steps taken by the state and its political subdivisions, and (2) appropriates $500 billion to carry out the program.
To be eligible to receive a grant, a state must (1) compile estimates for the revenue lost by the state and each political subdivision, and (2) submit an estimate to Treasury by the 20th of each month.
Treasury shall make grant payments to a state within 15 days of receiving a loss estimate.
The bill sets forth requirements with respect to pro rata distribution of funds, treatment of overpayments, and distribution to political subdivisions of a state.
Referred to the House Committee on Oversight and Reform.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 6705: Coronavirus State and Local Financial Assistance Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6705/
"H.R. 6705: Coronavirus State and Local Financial Assistance Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6705/.
H.R. 6705, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6705/.
[H.R. 6705: Coronavirus State and Local Financial Assistance Act](https://openamerica.io/bill/116-HR-6705/)