,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fbec  ,,in ,,the ,,house ,,of  
,,representatives  ,march #ab1 #bjbj,mr4
 ,mc,henry 7for himself1 ,mrs4 ,wagner1 
,mr4 ,barr1 ,mr4 ,stivers1 and ,mr4     
,huizenga7 introduced the following     
bill2 which was referred to the         
,committee on ,financial ,services1 and 
in addition to the ,committee on ,energy
 and ,commerce1 for a period to be      
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to expand certain securities
 exemptions to respond to ,,covid-#ai1  
to establish an ,x-prize for creating an
 effective ,,covid-#ai vaccine1 and for 
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,crowdfunding  
to ,combat the ,coronavirus ,act4  #b4  
,expansion of certain securities        
exemptions to respond to ,,covid-#ai    
7a7 ,definitions ,section #b7;a7 of the 
,securities ,act of #aicc 7#ae ,u4,s4,c4

 #gg;b7a77 is amended by adding at the  
end the following3  7#bj7 ,issuer       
combating ,,covid-#ai ,the term issuer  
combating ,,covid-#ai means an issuer   
that undertakes-- 7,a7 efforts to find a
 vaccine for ,,covid-#ai2  7,b7 research
 or production of medical equipment     
related to ,,covid-#ai1 including-- 7i7 
testing equipment2 and  7ii7 touchless  
automation and hands-free proximity     
sensing technology2  7,c7 research or   
production of technology or equipment   
related to social distancing or other   
non-medical strategies to reduce the    
danger of ,,covid-#ai to the general    
population1 including-- 7i7 online      
education technology2 and  7ii7 remote  
video conferencing technology2 and  7,d7
 such other activities as the           
,commission may determine appropriate4  
4  7b7 ,issue exemptive authority with  
respect to ,,covid-#ai ,section #c7;b7  
of the ,securities ,act of #aicc 7#ae   
,u4,s4,c4 #gg;c7b77 is amended-- 7#a7 in
 paragraph 7#a71 by inserting after no  

issue of securities the following3      
7other than an issue of securities by an
 issuer combating ,,covid-#ai72 and     
7#b7 in paragraph 7#b77;,a71 by striking
 ,the aggregate and inserting ,except   
for securities of an issuer combating   
,,covid-#ai1 the aggregate4  7c7        
,crowdfunding exemption with respect to 
,,covid-#ai ,section #d7;a77#f77;,a7 of 
the ,securities ,act of #aicc 7#ae      
,u4,s4,c4 #gg;d7a77#f77;,a77 is amended 
by inserting before the aggregate amount
 the following3 except for transactions 
involving the offer or sale of          
securities by an issuer combating       
,,covid-#ai14  7d7 ,exemption from joint
 and several liability ,section #bd of  
the ,securities ,act of #aicc 7#ae      
,u4,s4,c4 #ggx7 is amended by adding at 
the end the following3 ,notwithstanding 
any other provision of law1 an issuer   
combating ,,covid-#ai shall not be      
subject to joint and several liability  
for any claim against such issuer1 other
 than a claim of fraud under the        

securities laws44  #c4 ,,covid-#ai      
,x-prize ,if the ,director of the       
,centers for ,disease ,control and      
,prevention or the ,director of the     
,national ,institutes of ,health        
determines that a person has created a  
vaccine for ,,covid-#ai that cuts the   
incidence and mortality rate of         
,,covid-#ai by more than #ej percent and
 makes such vaccine widely available to 
the public at affordable rates1 such    
,director shall report such             
determination to the ,president and the 
,secretary of the ,treasury4 ,if1 after 
reviewing such report1 the ,president   
agrees1 the ,secretary of the ,treasury 
shall1 without further appropriation and
 out of any amounts in the general fund 
not otherwise appropriated1 pay such    
person #a1jjj1jjj1jjj4  #d4 ,,gao ,study
 ,not later than #a year after the date 
of the enactment of this ,act1 the      
,comptroller ,general of the ,united    
,states shall submit to ,congress a     
study on the impact of this ,act and the

 amendments made by this ,act4  #e4     
,sunset ,this ,act and the amendments   
made by this ,act shall have no force or
 effect after the earlier of-- 7#a7 the 
date the ,secretary of the ,treasury    
awards the prize described under section
 #c2 and  7#b7 the end of the #c-year   
period beginning on the date of         
enactment of this ,act4