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HR 7023 116th Congress House Commerce Business investment and capital Cardiovascular and respiratory health Economic performance and conditions Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Museums, exhibitions, cultural centers Performing arts Small business Sports and recreation facilities

To require the Secretary of the Treasury to implement a program that provides financial assistance to sports facilities, museums, and community theaters, and for other purposes.

Introduced: June 18, 2020 Introduced by: Trahan, Lori Democratic · Massachusetts See on congress.gov
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
May 27, 2020
Referred to the House Committee on Financial Services.
May 27, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

This bill requires the Department of the Treasury to implement a program to provide financing of at least $1 billion for loans related to losses incurred as a result of COVID-19 (i.e., coronavirus disease 2019) to certain community-owned or private businesses that have contractual obligations for making lease, rent, or bond payments for publicly owned sports facilities, museums, and community theaters.

Terms for such loans shall include (1) a 15-year term, (2) no requirement to provide collateral or a guaranty, and (3) a maximum loan amount of $25 million. An applicant for such a loan must make a good faith certification that, among other things, (1) the loan request is necessary to support the recipient's ongoing operations; and (2) the recipient will use the loan for purposes directly connected to contracted services, including performances and sporting events.

What's happening now May 27, 2020

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 57
D
DeSaulnier, Mark
California · Aug 21, 2020
Spanberger, Abigail
· Aug 21, 2020
Lawson, Al
· Jul 30, 2020
R
Rose, John W.
Tennessee · Jul 30, 2020
R
Newhouse, Dan
Washington · Jul 22, 2020
R
Barr, Andy
Kentucky · Jul 16, 2020
D
Beatty, Joyce
Ohio · Jul 16, 2020
Conaway, K.
· Jul 13, 2020
Fortenberry, Jeff
· Jul 13, 2020
Fudge, Marcia
· Jul 9, 2020
Gonzalez, Anthony
· Jul 9, 2020
R
Guthrie, Brett
Kentucky · Jul 9, 2020
R
Stefanik, Elise M.
New York · Jul 9, 2020
Stivers, Steve
· Jul 9, 2020
D
Blunt Rochester, Lisa
Delaware · Jul 1, 2020
Hurd, Will
· Jul 1, 2020
Katko, John
· Jul 1, 2020
D
Kim, Andy
New Jersey · Jul 1, 2020
Delgado, Antonio
· Jun 30, 2020
D
Suozzi, Thomas R.
New York · Jun 30, 2020
Maloney, Sean
· Jun 29, 2020
R
Kustoff, David
Tennessee · Jun 24, 2020
R
Aderholt, Robert B.
Alabama · Jun 18, 2020
D
Costa, Jim
California · Jun 18, 2020
R
Kelly, Mike
Pennsylvania · Jun 18, 2020
Wenstrup, Brad
· Jun 18, 2020
Gianforte, Greg
· Jun 15, 2020
Brown, Anthony
· Jun 11, 2020
D
Carson, André
Indiana · Jun 11, 2020
Keller, Fred
· Jun 11, 2020
D
McGovern, James P.
Massachusetts · Jun 11, 2020
Axne, Cynthia
· Jun 8, 2020
R
Bacon, Don
Nebraska · Jun 8, 2020
D
Bonamici, Suzanne
Oregon · Jun 8, 2020
R
Fleischmann, Charles J. "Chuck"
Tennessee · Jun 8, 2020
Palazzo, Steven
· Jun 8, 2020
D
Tonko, Paul
New York · Jun 8, 2020
Brooks, Mo
· Jun 4, 2020
D
Kaptur, Marcy
Ohio · Jun 4, 2020
Kuster, Ann
· Jun 4, 2020
Bishop, Rob
· May 28, 2020
Roe, David
· May 28, 2020
R
Carter, John R.
Texas · May 27, 2020
D
Courtney, Joe
Connecticut · May 27, 2020
D
Escobar, Veronica
Texas · May 27, 2020
R
Fitzpatrick, Brian K.
Pennsylvania · May 27, 2020
KING, PETER
· May 27, 2020
Loebsack, David
· May 27, 2020
D
Matsui, Doris O.
California · May 27, 2020
D
McCollum, Betty
Minnesota · May 27, 2020
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APA
U.S. Congress. (2026). H.R. 7023: To require the Secretary of the Treasury to implement a program that provides financial assistance to sports facilities, museums, and community theaters, and for other purposes.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7023/
MLA
"H.R. 7023: To require the Secretary of the Treasury to implement a program that provides financial assistance to sports facilities, museums, and community theaters, and for other purposes.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7023/.
Bluebook (legal)
H.R. 7023, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7023/.
Markdown link
[H.R. 7023: To require the Secretary of the Treasury to implement a program that provides financial assistance to sports facilities, museums, and community theaters, and for other purposes.](https://openamerica.io/bill/116-HR-7023/)
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