HR 6553
Automatic Boost to Communities Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Automatic Boost to Communities Act proposes creating the Boost Communities Program to provide monthly payments to American consumers during and after the COVID-19 emergency. Individuals would receive $2,000 per month initially and $1,000 per month the following year, with supplemental assistance targeted at at-risk populations. The program would utilize direct deposit, debit cards, and digital dollar wallets, funded through the minting of platinum coins and purchased by the Federal Reserve. It also establishes a commission to study the impact of the program on income and wealth inequality.
Sponsors
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Primary sponsor
Cosponsors
Alcee L. Hastings
Bobby L. Rush
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