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HR 7412 116th Congress House Finance and Financial Sector Cardiovascular and respiratory health Disaster relief and insurance Economic performance and conditions Emergency medical services and trauma care Infectious and parasitic diseases Insurance industry and regulation Public-private cooperation

Business Interruption Relief Act of 2020

Introduced: June 29, 2020 Introduced by: Thompson, Mike Democratic · California See on congress.gov
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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
Jun 29, 2020
Referred to the House Committee on Financial Services.
Jun 29, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Business Interruption Relief Act of 2020

This bill establishes the Business Interruption Relief Program within the Department of the Treasury to provide financial assistance to insurers that voluntarily pay benefits under certain policies for COVID-19 (i.e., coronavirus disease 2019) losses. Specifically, insurers qualify for the program if the insurer has at least one outstanding and existing policy for business interruption coverage that (1) expressly covers losses during a civil authority shutdown as a result of the COVID-19 pandemic, and (2) expressly excludes coverage for a virus. Participation in the program is voluntary.

What's happening now June 29, 2020

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • HR 7394 Identical bill Business Interruption Relief Act of 2020
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 7412: Business Interruption Relief Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7412/
MLA
"H.R. 7412: Business Interruption Relief Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7412/.
Bluebook (legal)
H.R. 7412, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7412/.
Markdown link
[H.R. 7412: Business Interruption Relief Act of 2020](https://openamerica.io/bill/116-HR-7412/)
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