House Budget Committee Begins Work on COVID Relief Bill

Originally published in the NAIOP Source E-Newsletter on February 23, 2021.

The Budget Committee of the U.S. House of Representatives was scheduled to begin work this week on assembling the $1.9 trillion coronavirus relief package following the submissions from nine House committees. The committees submitted their legislative proposals in accordance with the budget reconciliation instructions contained in the budget resolution passed by the House and Senate. The budget reconciliation process allows the legislation to bypass the Senate’s 60-vote filibuster hurdle normally applicable to legislation, enabling the bill to pass with a simple majority vote. 



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