To permit, due to the COVID-19 emergency, Federal financial regulators to allow for the temporary waiver of requirements that a State, territory, or local government provide matching or cost-sharing funds before receiving a grant from a Federal financial regulator, to allow for certain reprogramming of funds to support unemployment, childcare, and healthcare programs, and for other purposes.
Referred to the House Committee on Financial Services.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Mar 23, 2020
This bill temporarily allows financial regulators to waive cost-sharing and program requirements for certain state, territory, and local government grants. Financial regulators may permit these funds to be reprogrammed for purposes related to unemployment, childcare, or healthcare.
Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.
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