Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020
USA116th CongressHR-6550| House
| Updated: 4/17/2020
Brad Sherman
Democratic Representative
California
Cosponsors (31)
Doug LaMalfa (Republican)Val Butler Demings (Democratic)John Garamendi (Democratic)Jared Huffman (Democratic)Adam B. Schiff (Democratic)Don Young (Republican)Mark Pocan (Democratic)David J. Trone (Democratic)Raul Ruiz (Democratic)Jefferson Van Drew (Republican)Pete Aguilar (Democratic)Paul Cook (Republican)J. Luis Correa (Democratic)Anthony G. Brown (Democratic)Ken Calvert (Republican)Vicente Gonzalez (Democratic)Alan S. Lowenthal (Democratic)Kurt Schrader (Democratic)Jahana Hayes (Democratic)Anna G. Eshoo (Democratic)Kathy Castor (Democratic)Eleanor Holmes Norton (Democratic)Abby Finkenauer (Democratic)Joe Neguse (Democratic)Julia Brownley (Democratic)Brian K. Fitzpatrick (Republican)Suzanne Bonamici (Democratic)Lizzie Fletcher (Democratic)Bill Pascrell (Democratic)Grace F. Napolitano (Democratic)Judy Chu (Democratic)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Administrative law and regulatory proceduresBank accounts, deposits, capitalCardiovascular and respiratory healthCredit and credit marketsDisaster relief and insuranceEmergency medical services and trauma careInfectious and parasitic diseasesNational Credit Union AdministrationSmall business
Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020
USA116th CongressHR-6550| House
| Updated: 4/17/2020
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Brad Sherman
Democratic Representative
California
Cosponsors (31)
Doug LaMalfa (Republican)Val Butler Demings (Democratic)John Garamendi (Democratic)Jared Huffman (Democratic)Adam B. Schiff (Democratic)Don Young (Republican)Mark Pocan (Democratic)David J. Trone (Democratic)Raul Ruiz (Democratic)Jefferson Van Drew (Republican)Pete Aguilar (Democratic)Paul Cook (Republican)J. Luis Correa (Democratic)Anthony G. Brown (Democratic)Ken Calvert (Republican)Vicente Gonzalez (Democratic)Alan S. Lowenthal (Democratic)Kurt Schrader (Democratic)Jahana Hayes (Democratic)Anna G. Eshoo (Democratic)Kathy Castor (Democratic)Eleanor Holmes Norton (Democratic)Abby Finkenauer (Democratic)Joe Neguse (Democratic)Julia Brownley (Democratic)Brian K. Fitzpatrick (Republican)Suzanne Bonamici (Democratic)Lizzie Fletcher (Democratic)Bill Pascrell (Democratic)Grace F. Napolitano (Democratic)Judy Chu (Democratic)
Financial Services Committee
Finance and Financial Sector
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBank accounts, deposits, capitalCardiovascular and respiratory healthCredit and credit marketsDisaster relief and insuranceEmergency medical services and trauma careInfectious and parasitic diseasesNational Credit Union AdministrationSmall business