S.3928 - Continuity of the Economy Act of 2020116th Congress (2019-2020)
|Sponsor:||Sen. Peters, Gary C. [D-MI] (Introduced 06/10/2020)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 06/10/2020 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
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Summary: S.3928 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (06/10/2020)
Continuity of the Economy Act of 2020
This bill requires the President to develop a plan to maintain and restore the U.S. economy in response to a cyberattack or other significant event that is natural or human-caused that results in severe degradation to economic activity.
Among other requirements, this plan shall (1) examine the distribution of goods and services across the United States necessary for the reliable functioning of the country during such an event; (2) identify the economic functions of relevant actors whose disruption, corruption, or dysfunction would have a debilitating effect on security, defense readiness, or public health or safety; and (3) identify the critical distribution mechanisms for each economic sector that should be prioritized for operation during such an event.