HR 1030 United States House · 117th Congress

Automatic Boost to Communities Act

Summary
Automatic Boost to Communities Act This bill creates the Boost Communities Program to provide monthly aid during and after the COVID-19 (i.e., coronavirus disease 2019) emergency. Specifically, the bill provides $2,000 a month to individuals until the COVID-19 emergency declaration is terminated, or the national unemployment rate meets specified criteria, whichever is later. Furthermore, the bill provides $1,000 a month to individuals during the following year. The program also provides targeted supplemental assistance for at-risk populations. The bill provides for the distribution of these funds through direct deposit, debit cards, and the establishment of digital dollar wallets. The Department of the Treasury is directed to mint and issue two $1 trillion platinum coins and additional coins as needed to fund the program. The Federal Reserve is directed to purchase the coins.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
President
Introduced Feb 11, 2021 Last action Feb 11, 2021
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Feb 11, 2021
Committee
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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.
lower
Feb 11, 2021
Introduced
Introduced in House
lower
1 primary · 10 co-sponsors

Sponsors