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S. 3928

Referred to Committee

Continuity of the Economy Act of 2020

Introduced 6/10/2020•116th Congress•Senate

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

6/10/2020 • Senate

Summary

Continuity of the Economy Act of 2020

This bill requires the President to develop a plan to maintain and restore the U.S. economy in response to a cyberattack or other significant event that is natural or human-caused that results in severe degradation to economic activity.

Among other requirements, this plan shall (1) examine the distribution of goods and services across the United States necessary for the reliable functioning of the country during such an event; (2) identify the economic functions of relevant actors whose disruption, corruption, or dysfunction would have a debilitating effect on security, defense readiness, or public health or safety; and (3) identify the critical distribution mechanisms for each economic sector that should be prioritized for operation during such an event.

Introduced in Senate • 6/10/2020

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Topics & Subjects

Policy Area: Commerce
AppropriationsBanking and financial institutions regulationComputer security and identity theftCongressional oversightCurrencyEconomic performance and conditionsElectric power generation and transmissionFederal-Indian relationsFinancial crises and stabilizationFinancial services and investmentsForeign and international bankingHealth programs administration and fundingHealth technology, devices, suppliesIndustrial policy and productivityIntergovernmental relationsInternet and video servicesInternet, web applications, social mediaManufacturingMaterials

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

S[
Sen. Peters, Gary C. [D-MI]

Democrat • MI

Sponsored 6/10/2020

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the Senate

Introduced

June 10, 2020

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate6/10/2020

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors0