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
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.
Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, Education and Labor, Small Business, the Judiciary, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Appropriations, and in addition to the Committees on the Budget, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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