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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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 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
 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.

 Committees of jurisdiction 1