H.R. 7690 · 116th Congress
To establish a payment program for unexpected loss of markets and revenues to timber harvesting and timber…
Full title
To establish a payment program for unexpected loss of markets and revenues to timber harvesting and timber hauling businesses due to the COVID-19 pandemic, 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.
20 cosponsors · 7 D, 13 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill directs the Department of Agriculture (USDA) to make payments to a timber harvesting business or timber hauling business that, as a result of the COVID-19 (i.e., coronavirus disease 2019) pandemic, experienced a loss of not less than 10% in gross revenue during the period beginning on January 1, 2020, and ending on July 31, 2020, as compared to…
What it does: CRS summary · Introduced in House · Jul 20, 2020
This bill directs the Department of Agriculture (USDA) to make payments to a timber harvesting business or timber hauling business that, as a result of the COVID-19 (i.e., coronavirus disease 2019) pandemic, experienced a loss of not less than 10% in gross revenue during the period beginning on January 1, 2020, and ending on July 31, 2020, as compared to its gross revenue during the same period in 2019.
The amount of a payment made to an eligible entity shall be equal to 10% of the gross revenue of the business during the period beginning on January 1, 2019, and ending on July 31, 2019.
USDA shall make such a payment only to a business that certifies that the payment will be used only for operating expenses.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To establish a payment program for unexpected loss of markets and revenues to timber harvesting and timber hauling businesses due to the COVID-19 pandemic, and for other purposes.
Latest action (Sep 3, 2020): Referred to the Subcommittee on Conservation and Forestry.
Policy area: Public Lands and Natural Resources · Origin: House · Introduced: Jul 20, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.