H.R. 6679 · 116th Congress
To amend the CARES Act to authorize the financing of inventory of American manufactured products by financial…
Full title
To amend the CARES Act to authorize the financing of inventory of American manufactured products by financial institutions, and for other purposes.
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
KellySponsorNo cosponsors.
This bill requires the Department of the Treasury to provide financing for finished products manufactured in the United States by manufacturers with less than 2,000 employees.
What it does: CRS summary · Introduced in House · May 1, 2020
This bill requires the Department of the Treasury to provide financing for finished products manufactured in the United States by manufacturers with less than 2,000 employees.
Such financing may not exceed a certain percentage of sales of the finished products. However, financing of certain American-manufactured items produced in response to COVID-19 (i.e., coronavirus disease 2019) shall not be counted in the calculation of such sales.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the CARES Act to authorize the financing of inventory of American manufactured products by financial institutions, and for other purposes.
Latest action (May 1, 2020): Referred to the House Committee on Financial Services.
Policy area: Commerce · Origin: House · Introduced: May 1, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.