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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

RELIEF for Main Street Act
Recharge and Empower Local Innovation and Entrepreneurs Fund for Main Street Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To establish a program in the Department of the Treasury to allocate funds to States, units of general local government, and Indian Tribes to provide assistance to certain small businesses, and for other purposes.

Actions Overview (1)

Date Actions Overview
05/15/2020Introduced in House

All Actions (2)

Date All Actions
05/15/2020Referred to the House Committee on Small Business.
Action By: House of Representatives
05/15/2020Introduced in House
Action By: House of Representatives

Cosponsors (5)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Fitzpatrick, Brian K. [R-PA-1]* 05/15/2020
Rep. Evans, Dwight [D-PA-3]* 05/15/2020
Rep. Upton, Fred [R-MI-6]* 05/15/2020
Rep. Norton, Eleanor Holmes [D-DC-At Large] 07/06/2020
Rep. Omar, Ilhan [D-MN-5] 07/16/2020

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Small Business05/15/2020 Referred to

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Latest Summary (1)

There is one summary for H.R.6907. View summaries

Shown Here:
Introduced in House (05/15/2020)

Recharge and Empower Local Innovation and Entrepreneurs Fund for Main Street Act or the RELIEF for Main Street Act

This bill establishes for one year the Small Business Local Relief Program, which shall allocate resources to states, local governments, and Native American tribes for providing assistance to certain small businesses and nonprofits that have lost revenue due to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill provides $50.5 billion for such assistance, of which (1) $35 billion shall be distributed based on the Community Development Block Grant formula (70% allocated to larger cities and counties and 30% to rural communities), (2) $15 billion shall be allocated to provide financing exclusively to businesses in rural areas, and (3) $500 million shall be for Native American Tribes.

These amounts shall be used to start or scale a local small business emergency fund or to support organizations that provide technical assistance to small businesses or nonprofits. Such local funds or organizations may then use the amounts to assist small businesses (including sole proprietorships, independent contractors, and self-employed individuals) and nonprofits that (1) employ no more than 20 full-time employees (50 if the recipient is located in a low-income community), (2) has experienced a loss of revenue because of COVID-19, and (3) satisfies any additional requirements imposed by the administrator of the fund.

A state, local government, or Native American tribe that receives funds under the bill must report specified demographic and disbursement information.