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S 4027 116th Congress Senate Congress Business expenses Cardiovascular and respiratory health Congressional officers and employees Congressional oversight 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 Members of Congress Small business Wages and earnings

TRACE Act

Introduced: June 22, 2020 Introduced by: Ernst, Joni Republican · Iowa 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 22, 2020
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jun 22, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

Transparency Requirements Aimed at Congressional Expenditures Act or the TRACE Act

This bill requires a Member of Congress, spouse of a Member, or employee of Congress to submit a financial disclosure if a business that they own or control receives a loan under the Paycheck Protection Program for small businesses affected by COVID-19 (i.e., coronavirus disease 2019). The disclosure must include the name and address of the recipient's place of business and the amount of the loan.

What's happening now June 22, 2020

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4027: TRACE Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4027/
MLA
"S. 4027: TRACE Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4027/.
Bluebook (legal)
S. 4027, 116th Cong. (2026), https://openamerica.io/bill/116-S-4027/.
Markdown link
[S. 4027: TRACE Act](https://openamerica.io/bill/116-S-4027/)
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