3.0.0 6550 2023-01-11T13:43:10Z 2023-01-11T13:43:10Z House HR 2020-04-17 116 [Congressional Record Volume 166, Number 73 (Friday, April 17, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SHERMAN:H.R. 6550.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clauses I and 18 of the United StatesConstitution.[Page H1895]]]> hsba00 Financial Services Committee House Standing Referred to 2020-04-17T15:02:30Z Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020 116 3676 S 2020-05-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2020-04-17 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-04-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-04-17 Introduced in House IntroReferral 1000 9 Library of Congress S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 N Y000033 Rep. Young, Don [R-AK-At Large] DON YOUNG R AK E. 0 2020-04-17 True B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2020-04-17 True F000466 Rep. Fitzpatrick, Brian K. [R-PA-1] Brian Fitzpatrick R PA K. 1 2020-04-17 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2020-04-17 True N000179 Rep. Napolitano, Grace F. [D-CA-32] GRACE NAPOLITANO D CA F. 32 2020-04-17 True G000581 Rep. Gonzalez, Vicente [D-TX-15] Vicente Gonzalez D TX 15 2020-04-17 True C001094 Rep. Cook, Paul [R-CA-8] Paul Cook R CA 8 2020-04-17 True H001081 Rep. Hayes, Jahana [D-CT-5] Jahana Hayes D CT 5 2020-04-17 True F000467 Rep. Finkenauer, Abby [D-IA-1] Abby Finkenauer D IA 1 2020-04-17 True B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2020-04-17 True H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2020-04-17 True P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 2020-04-17 True D000627 Rep. Demings, Val Butler [D-FL-10] Val Demings D FL Butler 10 2020-04-17 True G000559 Rep. Garamendi, John [D-CA-3] John Garamendi D CA 3 2020-04-17 True L000578 Rep. LaMalfa, Doug [R-CA-1] Doug LaMalfa R CA 1 2020-04-17 True V000133 Rep. Van Drew, Jefferson [R-NJ-2] Jefferson Van Drew R NJ 2 2020-04-17 True R000599 Rep. Ruiz, Raul [D-CA-36] Raul Ruiz D CA 36 2020-04-22 False B001304 Rep. Brown, Anthony G. [D-MD-4] Anthony Brown D MD G. 4 2020-04-22 False C000059 Rep. Calvert, Ken [R-CA-42] KEN CALVERT R CA 42 2020-04-22 False P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2020-04-22 False C001066 Rep. Castor, Kathy [D-FL-14] Kathy Castor D FL 14 2020-04-22 False C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2020-04-22 False C001110 Rep. Correa, J. Luis [D-CA-46] J. Correa D CA Luis 46 2020-05-05 False N000191 Rep. Neguse, Joe [D-CO-2] Joe Neguse D CO 2 2020-05-05 False S001150 Rep. Schiff, Adam B. [D-CA-28] ADAM SCHIFF D CA B. 28 2020-05-05 False L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2020-05-05 False S001180 Rep. Schrader, Kurt [D-OR-5] Kurt Schrader D OR 5 2020-05-05 False A000371 Rep. Aguilar, Pete [D-CA-31] Pete Aguilar D CA 31 2020-05-05 False T000483 Rep. Trone, David J. [D-MD-6] David Trone D MD J. 6 2020-05-05 False E000215 Rep. Eshoo, Anna G. [D-CA-18] ANNA ESHOO D CA G. 18 2020-05-05 False F000468 Rep. Fletcher, Lizzie [D-TX-7] Lizzie Fletcher D TX 7 2020-08-25 False Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Cardiovascular and respiratory health Credit and credit markets Disaster relief and insurance Emergency medical services and trauma care Infectious and parasitic diseases National Credit Union Administration Small business Finance and Financial Sector 00 2020-04-17 Introduced in House 2020-04-27T22:04:01Z 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.

]]> Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020 Display Title Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020 Official Title as Introduced To amend the Federal Credit Union Act to provide an exception from the member business loan cap for loans made to aid in the recovery from the COVID-19 emergency. Introduced in House IH Short Title(s) as Introduced Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020 Introduced in House IH Introduced in House 2020-04-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6550ih/xml/BILLS-116hr6550ih.xml 2020-04-17 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.