Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020

referredUnited States· United States Congress· EN

Introduced

17 April 2020

Last action

17 April 2020 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Sherman, Brad [D-CA-32], Rep. Young, Don [R-AK-At Large], Rep. Bonamici, Suzanne [D-OR-1], Rep. Fitzpatrick, Brian K. [R-PA-1], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Napolitano, Grace F. [D-CA-32], Rep. Gonzalez, Vicente [D-TX-34], Paul Cook, Rep. Hayes, Jahana [D-CT-5], Rep. Finkenauer, Abby [D-IA-1], Rep. Brownley, Julia [D-CA-26], Rep. Huffman, Jared [D-CA-2], Rep. Pascrell, Bill, Jr. [D-NJ-9], Rep. Demings, Val Butler [D-FL-10], Rep. Garamendi, John [D-CA-8], Rep. LaMalfa, Doug [R-CA-1], Rep. Van Drew, Jefferson [R-NJ-2], Rep. Ruiz, Raul [D-CA-25], Rep. Brown, Anthony G. [D-MD-4], Rep. Calvert, Ken [R-CA-41], Rep. Pocan, Mark [D-WI-2], Rep. Castor, Kathy [D-FL-14], Rep. Chu, Judy [D-CA-28], Rep. Correa, J. Luis [D-CA-46], Rep. Neguse, Joe [D-CO-2], Sen. Schiff, Adam B. [D-CA], Rep. Lowenthal, Alan S. [D-CA-47], Rep. Schrader, Kurt [D-OR-5], Rep. Aguilar, Pete [D-CA-33], Rep. Trone, David J. [D-MD-6], Rep. Eshoo, Anna G. [D-CA-18], Rep. Fletcher, Lizzie [D-TX-7]

Subjects

Discovery layer

Source updated

3 January 2025

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Summary

Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2020 This bill temporarily provides credit unions with an exception to limits on outstanding member business loans. Specifically, for a three-year period, loans used for recovery from the COVID-19 (i.e., coronavirus disease 2019) emergency do not count towards this limit.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

17 April 2020
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
17 April 2020
Introduced
Introduced in House
Source: IntroReferral
17 April 2020
Introduced
Introduced in House
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in House · 17 April 2020 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 17 April 2020
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Introduced in House (PDF)
Introduced in House · EN · 17 April 2020
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Introduced in House
summary · EN · 17 April 2020
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to ← Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/116th-congress/house-bill/6550
Open data entity: https://api.congress.gov/v3/bill/116/hr/6550
us · 116-hr-6550 · source updated 3 January 2025