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House Passes “Phase 3.5”

The House conducted a roll-call vote for the first time in nearly a month today to pass H.R. 266, the $484-billion measure that would add funds to the depleted Paycheck Protection Plan and send additional resources to hospitals as well as expand testing efforts.  The Senate cleared the bill on Senate by unanimous consent.  Both chambers are now once again holding only pro forma sessions.

Before voting on the legislation, the House approved the creation of a new oversight committee to oversee the administration of the COVID-19-related funds approved by Congress.

While discussions about a “Phase 4” bill are underway, it is unlikely that any formal movement will be seen until after both chambers fully return, which is not scheduled to occur until the first week of May.