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Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To permit the Secretary of the Treasury to provide direct funding to certain entities.


Actions Overview (1)

Date Actions Overview
05/19/2020Introduced in House

All Actions (3)

Date All Actions
05/19/2020Referred to the Committee on Small Business, and in addition to the Committee on the Budget, 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.
Action By: House of Representatives
05/19/2020Referred to the Committee on Small Business, and in addition to the Committee on the Budget, 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.
Action By: House of Representatives
05/19/2020Introduced in House
Action By: House of Representatives

Cosponsors (34)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Bass, Karen [D-CA-37]* 05/19/2020
Rep. Meeks, Gregory W. [D-NY-5]* 05/19/2020
Rep. Ocasio-Cortez, Alexandria [D-NY-14]* 05/19/2020
Rep. Grijalva, Raul M. [D-AZ-3]* 05/19/2020
Rep. Neguse, Joe [D-CO-2]* 05/19/2020
Rep. Omar, Ilhan [D-MN-5]* 05/19/2020
Rep. Tlaib, Rashida [D-MI-13]* 05/19/2020
Rep. Lynch, Stephen F. [D-MA-8]* 05/19/2020
Rep. McGovern, James P. [D-MA-2]* 05/19/2020
Rep. Castro, Joaquin [D-TX-20]* 05/19/2020
Rep. McNerney, Jerry [D-CA-9]* 05/19/2020
Rep. Cohen, Steve [D-TN-9]* 05/19/2020
Rep. McEachin, A. Donald [D-VA-4]* 05/19/2020
Rep. Lieu, Ted [D-CA-33]* 05/19/2020
Rep. Khanna, Ro [D-CA-17]* 05/19/2020
Rep. Beatty, Joyce [D-OH-3]* 05/19/2020
Rep. Lawson, Al, Jr. [D-FL-5]* 05/19/2020
Rep. Fudge, Marcia L. [D-OH-11]* 05/19/2020
Rep. Davis, Danny K. [D-IL-7]* 05/19/2020
Rep. Hayes, Jahana [D-CT-5]* 05/19/2020
Rep. Garcia, Jesus G. "Chuy" [D-IL-4]* 05/19/2020
Rep. Lee, Barbara [D-CA-13]* 05/19/2020
Rep. Norton, Eleanor Holmes [D-DC-At Large]* 05/19/2020
Rep. Hastings, Alcee L. [D-FL-20]* 05/19/2020
Rep. Adams, Alma S. [D-NC-12]* 05/19/2020
Rep. Scanlon, Mary Gay [D-PA-5]* 05/19/2020
Rep. Ryan, Tim [D-OH-13]* 05/19/2020
Rep. Clarke, Yvette D. [D-NY-9]* 05/19/2020
Rep. Clay, Wm. Lacy [D-MO-1]* 05/19/2020
Rep. Espaillat, Adriano [D-NY-13]* 05/19/2020
Rep. Johnson, Eddie Bernice [D-TX-30]* 05/19/2020
Rep. Kennedy, Joseph P., III [D-MA-4] 05/26/2020
Rep. Maloney, Carolyn B. [D-NY-12] 05/26/2020
Rep. Evans, Dwight [D-PA-3] 08/21/2020

Committees (2)

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 Business05/19/2020 Referred to
House Budget05/19/2020 Referred to

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.


Latest Summary (1)

There is one summary for H.R.6949. View summaries

Shown Here:
Introduced in House (05/19/2020)

Saving Our Street Act

This bill establishes and provides funding for the Microbusiness Assistance Fund through which the Department of the Treasury must provide grants to specified small entities.

Specifically, the bill provides $125 billion for grants to entities such as community small businesses and nonprofits that have suffered a drop in revenue of over 20% during the COVID-19 (i.e., coronavirus disease 2019) pandemic. Such a grant shall not exceed $250,000 and may only be used for certain purposes, including (1) rehiring or hiring furloughed employees; (2) payment of compensation, rent or mortgage, utilities, or insurance; and (3) providing health care and benefits to employees.

Treasury is prohibited from denying a grant on the basis of any criminal history or involvement with the criminal legal system. Further, Treasury must give priority to people of color, veterans, women-owned community businesses, and socially and economically disadvantaged individuals, and 75% of appropriated amounts shall be provided to businesses or nonprofits owned or controlled by one or more socially and economically disadvantaged individuals.