3.0.0 6888 2023-01-11T13:42:54Z 2023-01-11T13:42:54Z House HR 2020-05-15 116 [Congressional Record Volume 166, Number 92 (Friday, May 15, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. ADAMS:H.R. 6888.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H2261]]]> hssm00 Small Business Committee House Standing Referred to 2020-05-15T13:04:30Z 2020-05-15 Referred to the House Committee on Small Business. IntroReferral H11100 2 House floor actions hssm00 Small Business Committee 2020-05-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-05-15 Introduced in House IntroReferral 1000 9 Library of Congress A000370 Rep. Adams, Alma S. [D-NC-12] Alma Adams D NC S. 12 N W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 2020-05-15 True Commerce Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Business expenses Business records Cardiovascular and respiratory health Community life and organization Credit and credit markets Department of the Treasury Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Small Business Administration Small business Wages and earnings Commerce 00 2020-05-15 Introduced in House 2020-06-16T14:55:46Z This bill authorizes community development financial institutions to make loans under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).

The bill also allows the Small Business Administration and the Department of the Treasury to revoke a lender's authority to make paycheck protection loans upon a joint determination that (1) the lender has had recent material operational shortcomings that warrant such a revocation, and (2) the revocation is consistent with the purpose of the program.

]]> To modify requirements relating to the participation of community development financial institutions in the paycheck protection program of the Small Business Administration, and for other purposes. Display Title To modify requirements relating to the participation of community development financial institutions in the paycheck protection program of the Small Business Administration, and for other purposes. Official Title as Introduced To modify requirements relating to the participation of community development financial institutions in the paycheck protection program of the Small Business Administration, and for other purposes. Introduced in House IH Introduced in House 2020-05-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6888ih/xml/BILLS-116hr6888ih.xml 2020-05-15 Referred to the House Committee on Small Business. 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.