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H.R. 8123 · 116th Congress

Postal Service Emergency Assistance Act

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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.

3 cosponsors · 2 D, 1 R

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

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…

What it does: CRS summary · 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.

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

About this bill and sources

Official title: Postal Service Emergency Assistance Act

Latest action (Aug 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.

Policy area: Government Operations and Politics · Origin: House · Introduced: Aug 28, 2020

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

No recorded floor vote found.