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Emergency Relief for State, Territorial and Local Governments Act of 2020

2/8/2022, 11:17 PM

Congressional Summary of HR 6328

Emergency Relief for State, Territorial and Local Governments Act of 2020

This bill requires the Federal Reserve Board to purchase municipal bonds issued in response to the COVID-19 (i.e., coronavirus disease 2019) emergency and otherwise modifies the terms under which the board may generally purchase municipal bonds.

Current Status of Bill HR 6328

Bill HR 6328 is currently in the status of Bill Introduced since March 23, 2020. Bill HR 6328 was introduced during Congress 116 and was introduced to the House on March 23, 2020.  Bill HR 6328's most recent activity was Referred to the House Committee on Financial Services. as of March 23, 2020

Bipartisan Support of Bill HR 6328

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
23
Democrat Cosponsors
23
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6328

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Federal Reserve System
- First responders and emergency personnel
- Health personnel
- Health programs administration and funding
- Health promotion and preventive care
- Health technology, devices, supplies
- Infectious and parasitic diseases
- Medical tests and diagnostic methods
- Securities
- State and local finance
- Worker safety and health

Alternate Title(s) of Bill HR 6328

Emergency Relief for State, Territorial and Local Governments Act of 2020
To authorize Federal reserve banks to purchase COVID-19 related municipal issuances, and for other purposes.
Emergency Relief for State, Territorial and Local Governments Act of 2020

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