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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

Reviving the Economy Sustainably Towards A Recovery in Twenty-twenty Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To establish a loan program for businesses affected by COVID-19, and for other purposes.

Actions Overview (1)

Date Actions Overview
07/02/2020Introduced in House

All Actions (4)

Date All Actions
07/02/2020Referred to the Committee on Small Business, and in addition to the Committee on 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.
Action By: House of Representatives
07/02/2020Referred to the Committee on Small Business, and in addition to the Committee on 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.
Action By: House of Representatives
07/02/2020Referred to the Subcommittee on Select Revenue Measures.
Action By: Committee on Ways and Means
07/02/2020Introduced in House
Action By: House of Representatives

Cosponsors (179)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Kelly, Mike [R-PA-16]* 07/02/2020
Rep. Quigley, Mike [D-IL-5] 07/09/2020
Rep. Fitzpatrick, Brian K. [R-PA-1] 07/09/2020
Rep. Brown, Anthony G. [D-MD-4] 07/09/2020
Rep. Wright, Ron [R-TX-6] 07/09/2020
Rep. Schiff, Adam B. [D-CA-28] 07/09/2020
Rep. Marchant, Kenny [R-TX-24] 07/16/2020
Rep. Norton, Eleanor Holmes [D-DC-At Large] 07/16/2020
Rep. Smucker, Lloyd [R-PA-11] 07/16/2020
Rep. Ruppersberger, C. A. Dutch [D-MD-2] 07/16/2020
Rep. Hurd, Will [R-TX-23] 07/16/2020
Rep. Cooper, Jim [D-TN-5] 07/16/2020
Rep. LaHood, Darin [R-IL-18] 07/21/2020
Rep. Veasey, Marc A. [D-TX-33] 07/21/2020
Rep. Flores, Bill [R-TX-17] 07/21/2020
Rep. Brownley, Julia [D-CA-26] 07/21/2020
Rep. Walorski, Jackie [R-IN-2] 07/21/2020
Rep. Welch, Peter [D-VT-At Large] 07/21/2020
Rep. Granger, Kay [R-TX-12] 07/21/2020
Rep. Cisneros, Gilbert Ray, Jr. [D-CA-39] 07/21/2020
Rep. Cole, Tom [R-OK-4] 07/24/2020
Rep. Trone, David J. [D-MD-6] 07/24/2020
Rep. Estes, Ron [R-KS-4] 07/24/2020
Rep. Thompson, Bennie G. [D-MS-2] 07/24/2020
Rep. Lowenthal, Alan S. [D-CA-47] 07/24/2020
Rep. Bonamici, Suzanne [D-OR-1] 07/24/2020
Rep. Schneider, Bradley Scott [D-IL-10] 07/24/2020
Rep. Axne, Cynthia [D-IA-3] 07/24/2020
Rep. Kirkpatrick, Ann [D-AZ-2] 07/24/2020
Rep. Lamb, Conor [D-PA-17] 07/24/2020
Rep. Stanton, Greg [D-AZ-9] 07/24/2020
Rep. Sarbanes, John P. [D-MD-3] 07/24/2020
Rep. Lieu, Ted [D-CA-33] 07/24/2020
Rep. Rose, Max [D-NY-11] 07/24/2020
Rep. Houlahan, Chrissy [D-PA-6] 07/24/2020
Rep. Escobar, Veronica [D-TX-16] 07/24/2020
Rep. Kaptur, Marcy [D-OH-9] 07/24/2020
Rep. Titus, Dina [D-NV-1] 07/24/2020
Rep. Napolitano, Grace F. [D-CA-32] 07/24/2020
Rep. Pingree, Chellie [D-ME-1] 07/24/2020
Rep. Cuellar, Henry [D-TX-28] 07/24/2020
Rep. Connolly, Gerald E. [D-VA-11] 07/24/2020
Rep. Beyer, Donald S., Jr. [D-VA-8] 07/24/2020
Rep. Dean, Madeleine [D-PA-4] 07/24/2020
Rep. Horn, Kendra S. [D-OK-5] 07/24/2020
Rep. Hagedorn, Jim [R-MN-1] 07/30/2020
Rep. Crenshaw, Dan [R-TX-2] 07/30/2020
Rep. Taylor, Van [R-TX-3] 07/30/2020
Rep. Katko, John [R-NY-24] 07/30/2020
Rep. Bucshon, Larry [R-IN-8] 07/30/2020
Rep. Baird, James R. [R-IN-4] 07/30/2020
Rep. Upton, Fred [R-MI-6] 07/30/2020
Rep. McEachin, A. Donald [D-VA-4] 07/30/2020
Rep. Allred, Colin Z. [D-TX-32] 07/30/2020
Rep. Gonzalez, Vicente [D-TX-15] 07/30/2020
Rep. Eshoo, Anna G. [D-CA-18] 07/30/2020
Rep. Blunt Rochester, Lisa [D-DE-At Large] 07/30/2020
Rep. Kilmer, Derek [D-WA-6] 07/30/2020
Rep. Rouda, Harley [D-CA-48] 07/30/2020
Rep. Price, David E. [D-NC-4] 07/30/2020
Rep. Haaland, Debra A. [D-NM-1] 07/30/2020
Rep. Krishnamoorthi, Raja [D-IL-8] 07/30/2020
Rep. Luria, Elaine G. [D-VA-2] 07/30/2020
Rep. Fudge, Marcia L. [D-OH-11] 07/30/2020
Rep. Beatty, Joyce [D-OH-3] 07/30/2020
Rep. Correa, J. Luis [D-CA-46] 07/30/2020
Rep. Aguilar, Pete [D-CA-31] 07/30/2020
Rep. Blumenauer, Earl [D-OR-3] 07/30/2020
Rep. Cohen, Steve [D-TN-9] 07/30/2020
Rep. Perlmutter, Ed [D-CO-7] 07/30/2020
Rep. Phillips, Dean [D-MN-3] 07/30/2020
Rep. Neguse, Joe [D-CO-2] 07/30/2020
Rep. Langevin, James R. [D-RI-2] 08/04/2020
Rep. Chu, Judy [D-CA-27] 08/04/2020
Rep. Yarmuth, John A. [D-KY-3] 08/04/2020
Rep. Evans, Dwight [D-PA-3] 08/04/2020
Rep. Gonzalez, Anthony [R-OH-16] 08/04/2020
Rep. Gomez, Jimmy [D-CA-34] 08/04/2020
Rep. Cicilline, David N. [D-RI-1] 08/07/2020
Rep. Boyle, Brendan F. [D-PA-2] 08/07/2020
Rep. Garcia, Sylvia R. [D-TX-29] 08/07/2020
Rep. Kildee, Daniel T. [D-MI-5] 08/07/2020
Rep. DeFazio, Peter A. [D-OR-4] 08/07/2020
Rep. Loebsack, David [D-IA-2] 08/07/2020
Rep. Davis, Danny K. [D-IL-7] 08/07/2020
Rep. Fletcher, Lizzie [D-TX-7] 08/07/2020
Rep. Thompson, Mike [D-CA-5] 08/07/2020
Rep. Kind, Ron [D-WI-3] 08/07/2020
Rep. Demings, Val Butler [D-FL-10] 08/07/2020
Rep. Van Drew, Jefferson [R-NJ-2] 08/07/2020
Rep. Stauber, Pete [R-MN-8] 08/07/2020
Rep. Slotkin, Elissa [D-MI-8] 08/14/2020
Rep. Foster, Bill [D-IL-11] 08/14/2020
Rep. Jackson Lee, Sheila [D-TX-18] 08/14/2020
Rep. Soto, Darren [D-FL-9] 08/14/2020
Rep. Richmond, Cedric L. [D-LA-2] 08/14/2020
Rep. Case, Ed [D-HI-1] 08/14/2020
Rep. Barragan, Nanette Diaz [D-CA-44] 08/14/2020
Rep. Peters, Scott H. [D-CA-52] 08/14/2020
Rep. Panetta, Jimmy [D-CA-20] 08/14/2020
Rep. Schakowsky, Janice D. [D-IL-9] 08/14/2020
Rep. Scott, David [D-GA-13] 08/14/2020
Rep. Casten, Sean [D-IL-6] 08/14/2020
Rep. Sherrill, Mikie [D-NJ-11] 08/14/2020
Rep. Roy, Chip [R-TX-21] 08/14/2020
Rep. Brooks, Susan W. [R-IN-5] 08/14/2020
Rep. McCaul, Michael T. [R-TX-10] 08/14/2020
Rep. Torres Small, Xochitl [D-NM-2] 08/18/2020
Rep. Mullin, Markwayne [R-OK-2] 08/25/2020
Rep. Young, Don [R-AK-At Large] 08/25/2020
Rep. Brooks, Mo [R-AL-5] 08/25/2020
Rep. Turner, Michael R. [R-OH-10] 08/25/2020
Rep. Kustoff, David [R-TN-8] 08/25/2020
Rep. Bacon, Don [R-NE-2] 08/25/2020
Rep. Steube, W. Gregory [R-FL-17] 08/25/2020
Rep. Huffman, Jared [D-CA-2] 08/25/2020
Rep. Spanberger, Abigail Davis [D-VA-7] 08/25/2020
Rep. Espaillat, Adriano [D-NY-13] 08/28/2020
Rep. Carson, Andre [D-IN-7] 08/28/2020
Rep. Kelly, Robin L. [D-IL-2] 08/28/2020
Rep. Morelle, Joseph D. [D-NY-25] 08/28/2020
Rep. Rush, Bobby L. [D-IL-1] 08/28/2020
Rep. Carbajal, Salud O. [D-CA-24] 08/28/2020
Rep. Cunningham, Joe [D-SC-1] 08/28/2020
Rep. Hastings, Alcee L. [D-FL-20] 08/28/2020
Rep. Ryan, Tim [D-OH-13] 08/28/2020
Rep. Doggett, Lloyd [D-TX-35] 08/28/2020
Rep. Heck, Denny [D-WA-10] 08/28/2020
Rep. Swalwell, Eric [D-CA-15] 08/28/2020
Rep. Harder, Josh [D-CA-10] 08/28/2020
Rep. DeSaulnier, Mark [D-CA-11] 08/28/2020
Rep. Costa, Jim [D-CA-16] 08/28/2020
Rep. Crow, Jason [D-CO-6] 08/28/2020
Rep. Larson, John B. [D-CT-1] 08/28/2020
Rep. Lujan, Ben Ray [D-NM-3] 09/04/2020
Rep. Lee, Barbara [D-CA-13] 09/04/2020
Rep. Cartwright, Matt [D-PA-8] 09/04/2020
Rep. Hayes, Jahana [D-CT-5] 09/04/2020
Rep. DelBene, Suzan K. [D-WA-1] 09/04/2020
Rep. Sanchez, Linda T. [D-CA-38] 09/04/2020
Rep. Delgado, Antonio [D-NY-19] 09/14/2020
Rep. Grijalva, Raul M. [D-AZ-3] 09/14/2020
Rep. McCollum, Betty [D-MN-4] 09/14/2020
Rep. Adams, Alma S. [D-NC-12] 09/14/2020
Rep. Raskin, Jamie [D-MD-8] 09/14/2020
Rep. Tonko, Paul [D-NY-20] 09/14/2020
Rep. Lee, Susie [D-NV-3] 09/14/2020
Rep. Bustos, Cheri [D-IL-17] 09/17/2020
Rep. Wexton, Jennifer [D-VA-10] 09/17/2020
Rep. McGovern, James P. [D-MA-2] 09/17/2020
Rep. Gooden, Lance [R-TX-5] 09/17/2020
Rep. Stefanik, Elise M. [R-NY-21] 09/17/2020
Rep. Bost, Mike [R-IL-12] 09/17/2020
Rep. Levin, Mike [D-CA-49] 09/24/2020
Rep. Horsford, Steven [D-NV-4] 09/24/2020
Rep. Garamendi, John [D-CA-3] 09/24/2020
Rep. Kuster, Ann M. [D-NH-2] 09/24/2020
Rep. Maloney, Carolyn B. [D-NY-12] 09/24/2020
Rep. Kim, Andy [D-NJ-3] 09/24/2020
Rep. Ruiz, Raul [D-CA-36] 09/24/2020
Rep. Porter, Katie [D-CA-45] 09/24/2020
Rep. Jeffries, Hakeem S. [D-NY-8] 09/24/2020
Rep. Yoho, Ted S. [R-FL-3] 09/24/2020
Rep. Deutch, Theodore E. [D-FL-22] 10/01/2020
Rep. Sewell, Terri A. [D-AL-7] 10/01/2020
Rep. Torres, Norma J. [D-CA-35] 10/01/2020
Rep. Suozzi, Thomas R. [D-NY-3] 10/01/2020
Rep. Matsui, Doris O. [D-CA-6] 10/01/2020
Rep. Finkenauer, Abby [D-IA-1] 10/01/2020
Rep. Stivers, Steve [R-OH-15] 10/01/2020
Rep. Reed, Tom [R-NY-23] 10/09/2020
Rep. Wagner, Ann [R-MO-2] 10/09/2020
Rep. Lynch, Stephen F. [D-MA-8] 10/09/2020
Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4] 10/09/2020
Rep. Underwood, Lauren [D-IL-14] 10/16/2020
Rep. DeGette, Diana [D-CO-1] 10/16/2020
Rep. Rice, Kathleen M. [D-NY-4] 10/27/2020
Rep. Peterson, Collin C. [D-MN-7] 11/02/2020
Rep. Gallagher, Mike [R-WI-8] 11/02/2020

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 Business07/02/2020 Referred to
House Ways and Means07/02/2020 Referred to
House Ways and Means Subcommittee on Select Revenue Measures07/02/2020 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.7481. View summaries

Shown Here:
Introduced in House (07/02/2020)

Reviving the Economy Sustainably Towards A Recovery in Twenty-twenty Act or the RESTART Act

This bill establishes a loan program whereby the Small Business Administration (SBA) shall guarantee loan amounts to certain businesses affected by COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill requires the SBA to guarantee 100% of program loan amounts made to certain small businesses that have not more than than 5,000 full-time employees. The terms for such loans shall include (1) a maximum duration of not more than seven years; (2) an amount that is not greater than 45% of 2019 gross receipts, up to $12 million; and (3) no payment on principal for the first two years of the loan.

A lender that is otherwise approved to make paycheck protection loans may make and approve loans established by the bill, and a recipient may use loan funds for specified allowable expenses including payroll costs, rent, utilities, and personal protective equipment.

Such loans may be forgiven up to the amount of total losses incurred by the recipient in the taxable year 2020.