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H.R. 8014 · 116th Congress

Victory Bonds Act of 2020

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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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.

12 cosponsors · 11 D, 1 R

11 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill authorizes the Department of the Treasury to issue bonds, to be known as United States Victory Bonds, to aid in the funding of public health operations and small business assistance during the COVID-19 (i.e., coronavirus disease 2019) pandemic.

What it does: CRS summary · Introduced in House · Aug 11, 2020

Victory Bonds Act of 2020

This bill authorizes the Department of the Treasury to issue bonds, to be known as United States Victory Bonds, to aid in the funding of public health operations and small business assistance during the COVID-19 (i.e., coronavirus disease 2019) pandemic.

Funds received from the sale of the bonds must be used without further appropriation for (1) the public health response to COVID-19, including testing, treatment, tracing, and vaccine development; (2) assistance for small businesses impacted by COVID-19; and (3) future pandemic response preparations following the conclusion of the pandemic.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Victory Bonds Act of 2020

Latest action (Aug 11, 2020): Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Small Business, 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.

Policy area: Economics and Public Finance · Origin: House · Introduced: Aug 11, 2020

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.