HOPE Act of 2020

Summary

Official

Helping Open Properties Endeavor Act of 2020 or the HOPE Act of 2020 This bill establishes an equity facility in the Department of the Treasury to assist commercial mortgage borrowers. Specifically, Treasury must guarantee the purchase by financial institutions of certain equity instruments backed by a commercial mortgage. The bill defines commercial mortgage as a...

How would you vote on this bill?

Yes No

Bill Progress

Bill has been introduced and assigned a number

Introduced(7/29/20)

Committee

Passed House

Passed Senate

President

Law

Cosponsors (51)

Lawson

(D) FL

Rodgers

(R) WA

Rouda

(D) CA

Posey

(R) FL

Emmer

House (R) Minnesota

Krishnamoorthi

House (D) Illinois

Van Drew

House (R) New Jersey

Hagedorn

(R) MN

Reschenthaler

House (R) Pennsylvania

Cole

House (R) Oklahoma

Topics

Health

Government Spending & Operations

Business & Finance

Latest Action

Referred to the House Committee on Financial Services.

Jul 29, 2020