H.R. 7809 · 116th Congress · 2019–2020
HOPE Act of 2020
H.R. 7809 in the 116th Congress (2019–2020) was introduced on Jul 29, 2020, sponsored by Van Taylor with 78 co-sponsors.
During the 116th Congress (2019–2020), Donald Trump was president, and Democrats held the House majority and Republicans the Senate majority.
- Status
- Introduced
- Introduced
- Jul 29, 2020
- Co-sponsors
- 78
- Policy area
- Finance and Financial Sector
What it does
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.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Van Taylor (R-TX). Co-sponsors: 23 Democrats, 55 Republicans.
Where it stands
- IntroducedJul 29, 2020
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Financial Services. (Jul 29, 2020)
More bills from Van Taylor in the 116th Congress
Other Finance and Financial Sector bills in the 116th Congress
- S. 1693: National Flood Insurance Program Extension Act of 2019
- H.R. 2336: Family Farmer Relief Act of 2019
- H.R. 2938: HAVEN Act
- H.R. 3304: National Guard and Reservists Debt Relief Extension Act of 2019
- H.R. 3311: Small Business Reorganization Act of 2019
- S. 239: Christa McAuliffe Commemorative Coin Act of 2019
- H.R. 2423: Women's Suffrage Centennial Commemorative Coin Act
- S. 457: President George H.W. Bush and First Spouse Barbara Bush Coin Act
- H.R. 4104: Negro Leagues Baseball Centennial Commemorative Coin Act
- S. 945: Holding Foreign Companies Accountable Act
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 7809 (116th Congress): HOPE Act of 2020,” https://www.capitolreceipts.com/bill/116-hr-7809/hope-act-of-2020 (accessed 2026-10-17).