HR748: CARES Act
116th Congress (2019–2021) · House bill · Sponsor: Rep. Courtney, Joe [D-CT-2]
This page covers HR748 in the 116th Congress. Bill numbers start over every Congress, so HR748 in another Congress is a different bill.
116th Congress (2019–2021) · House bill · Sponsor: Rep. Courtney, Joe [D-CT-2]
This page covers HR748 in the 116th Congress. Bill numbers start over every Congress, so HR748 in another Congress is a different bill.
| Item | Detail |
|---|---|
| Roll-call votes | 3 |
| Chamber | Senate |
| Latest vote | 2020-03-25: Bill Passed (96-0, 3/5 majority required) |
| Latest action | 2020-07-23: Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S. Hrg. 116-517. |
| Policy area | Economics and Public Finance |
| Official record | Congress.gov |
Coronavirus Aid, Relief, and Economic Security Act or the CARES Act This bill responds to the COVID-19 (i.e., coronavirus disease 2019) outbreak and its impact on the economy, public health, state and local governments, individuals, and businesses. DIVISION A–KEEPING WORKERS PAID AND EMPLOYED, HEALTH CARE SYSTEM ENHANCEMENTS, AND ECONOMIC STABILIZATION This division establishes the Paycheck Protection Program to provide eight weeks of cash flow assistance to small businesses through federally guaranteed loans to employers who maintain their payroll. Such assistance shall be to cover costs such as payroll, paid sick leave, supply chain disruptions, and employee salaries. The division further provides that certain amounts owed on such loans are eligible to be forgiven. The division also authorizes the Small Business Administration (SBA) to provide advances on SBA emergency disaster loans for small businesses that have applied for such loans due to the COVID-19 pandemic. Additionally, the division requires the SBA to pay all principal, interest, and fees on certain new and existing SBA loans for a period of six months. TITLE I–KEEPING AMERICAN WORKERS PAID AND EMPLOYED ACT This title provides emergency economic relief for small businesses to meet their payroll and expenses and to receive education and assistance throughout the COVID-19 pandemic. (Sec. 1102) This section authorizes the Small Business Administration (SBA) to guarantee paycheck protection loans during the period beginning on February 15, 2020, and ending on June 30, 2020. During this period, in addition to a…
Subjects: Accounting and auditing, Administrative law and regulatory procedures, Administrative remedies, Africa, Aging, Agricultural conservation and pollution, Agricultural marketing and promotion, Agricultural trade, Alcoholic beverages, Animal and plant health
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2020-03-25 | Senate | On Passage of the Bill H. R. 748 | Bill Passed (96-0, 3/5 majority required) | 68 | 0 | 3 | Official tally |
| 2020-03-23 | Senate | On Cloture on the Motion to Proceed H. R. 748 | Cloture on the Motion to Proceed Rejected (49-46, 3/5 majority required) | 33 | 35 | 3 | Official tally |
| 2020-03-22 | Senate | On Cloture on the Motion to Proceed H. R. 748 | Cloture on the Motion to Proceed Rejected (47-47, 3/5 majority required) | 32 | 35 | 4 | Official tally |
HR748 (CARES Act) was introduced in the 116th Congress (2019–2021) by Rep. Courtney, Joe [D-CT-2].
On 2020-07-23: Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-517.
3 recorded votes in the 116th Congress. The most recent, on 2020-03-25, was "On Passage of the Bill H.R. 748": Bill Passed (96-0, 3/5 majority required).