S. 4027 · 116th Congress
TRACE 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.
R
ErnstSponsorNo cosponsors.
Transparency Requirements Aimed at Congressional Expenditures Act or the TRACE Act
What it does: CRS summary · Introduced in Senate · Jun 22, 2020
Transparency Requirements Aimed at Congressional Expenditures Act or the TRACE Act
This bill requires a Member of Congress, spouse of a Member, or employee of Congress to submit a financial disclosure if a business that they own or control receives a loan under the Paycheck Protection Program for small businesses affected by COVID-19 (i.e., coronavirus disease 2019). The disclosure must include the name and address of the recipient's place of business and the amount of the loan.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: TRACE Act
Also known as: Transparency Requirements Aimed at Congressional Expenditures Act
Latest action (Jun 22, 2020): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Policy area: Congress · Origin: Senate · Introduced: Jun 22, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.