US SB4519 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on August 10 2020 - 25% progression
Action: 2020-08-10 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

RELIEF Act Rent Emergencies Leave Impacts on Evicted Families Act This bill generally revises housing protections established in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic, including by expanding protections for renters and mortgage holders, providing consumer protections regarding credit reports and utility access, and increasing oversight regarding housing protections. Among other things, the bill prohibits all evictions and foreclosures for one year; prohibits increases in rent; provides an 18-month grace period for missed rent payments; prohibits landlords and mortgage servicers from reporting missed payments to credit reporting agencies; establishes a credit facility to provide landlords with low-cost, long-term loans to compensate for losses due to reduction in rent payments; establishes a program to assist low-income households in paying utility bills; and provides congressional oversight regarding rental property assistance. The bill also generally revises bankruptcy provisions, including by excluding COVID-19 aid from property subject to bankruptcy proceedings.

Tracking Information

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Title

RELIEF Act Rent Emergencies Leave Impacts on Evicted Families Act

Sponsors


History

DateChamberAction
2020-08-10SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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