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HR 6782 116th Congress House Commerce Appropriations Banking and financial institutions regulation Business expenses Cardiovascular and respiratory health Credit and credit markets Economic performance and conditions Emergency medical services and trauma care Government ethics and transparency, public corruption Government information and archives Government lending and loan guarantees Infectious and parasitic diseases Minority and disadvantaged businesses Small business Veterans' education, employment, rehabilitation Veterans' loans, housing, homeless programs Wages and earnings Women in business

TRUTH Act

Introduced: May 8, 2020 See on congress.gov
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 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 28, 2020
On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 269 - 147 (Roll no. 113).
May 28, 2020
Failed of passage/not agreed to in House: On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 269 - 147 (Roll no. 113).
May 28, 2020
Considered as unfinished business. (consideration: CR H2339-2340)
May 28, 2020
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
May 28, 2020
DEBATE - The House proceeded with forty minutes of debate on H.R. 6782.
May 28, 2020
Considered under suspension of the rules. (consideration: CR H2330-2332; text: CR H2330-2331)
May 28, 2020
Ms. Velazquez moved to suspend the rules and pass the bill, as amended.
May 8, 2020
Referred to the House Committee on Small Business.
May 8, 2020
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
May 28, 2020 House · vote #113 On Motion to Suspend the Rules and Pass, as Amended Failed 269–147 See who voted →
 Plain-English summary Congressional Research Service

Small Business Transparency and Reporting for the Underbanked and Taxpayers at Home Act or the TRUTH Act

This bill requires the Small Business Administration (SBA) to make information regarding economic relief measures implemented in response to COVID-19 (i.e., coronavirus disease 2019) publicly available.

Specifically, with respect to the Paycheck Protection Program and economic injury disaster loans and emergency grants, the SBA must publish (1) the identity of each recipient of assistance and an explanation of the decision-making process underlying such disbursal; (2) the number of employees of each recipient and the date on which such assistance was disbursed; (3) an identification of each lender or intermediary through which assistance was disbursed; and (4) the amount of assistance disbursed to small businesses owned and controlled by socially and economically disadvantaged individuals, women, and veterans.

What's happening now May 28, 2020

On motion to suspend the rules and pass the bill, as amended Failed by the Yeas and Nays: (2/3 required): 269 - 147 (Roll no. 113).

 Committees of jurisdiction 1
 Cosponsors 15
All 15 Democratic 14 Republican 1