HR 6366
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.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill temporarily allows federal financial regulators to waive matching or cost-sharing requirements for grants given to states, territories, and local governments due to the COVID-19 emergency. It also gives these regulators the authority to temporarily shift funds from existing grants to support critical programs like unemployment benefits, childcare, and healthcare. These waivers and fund shifts would be in effect until January 1, 2023, and prioritize future grant opportunities for entities that have received reprogrammed funds.
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Primary sponsor
Michael F. Q. [D-GU-At Large] San Nicolas
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