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Bill116th CongressFiled Aug 28, 2020Government Operations and Politics
H.R. 8123

Postal Service Emergency Assistance Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in house (Aug 28, 2020)

Postal Service Emergency Assistance Act

This bill provides emergency funding for the U.S. Postal Service (USPS). Specifically, it establishes and makes appropriations to a Postal Service COVID-19 Emergency Fund from which the Department of the Treasury shall transfer up to $25 billion certified by the USPS as necessary to cover lost revenue or operational expenses resulting from the COVID-19 (i.e., coronavirus disease 2019) pandemic.

Treasury shall lend the USPS, under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, up to $10 billion at the request of the USPS subject to the terms and conditions of the note purchase agreement between the USPS and the Federal Financing Bank in effect on September 29, 2018.

The USPS shall, in coordination with its Board of Governors, develop a plan to ensure the long-term solvency of the USPS.

What just happenedAug 28, 2020

Referred to the Committee on Oversight and Reform, and in addition to the Committee on the Budget, 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.

Who’s behind it

Rep. Gonzalez, Anthony [R-OH-16](R-OH)Sponsor
3 cosponsors2 D1 R
Read on Congress.gov
3cosponsors2committees4actions1related bills12subjects
  1. Aug 28, 2020IntroReferralH11100

    Referred to the Committee on Oversight and Reform, and in addition to the Committee on the Budget, 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.

    Budget Committee
  2. Aug 28, 2020IntroReferralH11100

    Referred to the Committee on Oversight and Reform, and in addition to the Committee on the Budget, 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.

    Oversight and Accountability Committee
  3. Aug 28, 2020IntroReferralIntro-H

    Introduced in House

  4. Aug 28, 2020IntroReferral1000

    Introduced in House

Postal Service Emergency Assistance Act — Informed