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

Everywhere this bill has been 8 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

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

Date	Chamber	What was voted on	Result	Yes–No
May 28, 2020	House · vote #113	On Motion to Suspend the Rules and Pass, as Amended	Failed	269–147	See who voted →

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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).

Bill text 1 version