3.0.0 1471 2023-01-11T13:46:26Z 2023-01-11T13:46:26Z House HR 2021-03-01 117 [Congressional Record Volume 167, Number 38 (Monday, March 1, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SHERMAN:H.R. 1471.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clauses 1 and 18 of the United StatesConstitution.[Page H883]]]> hsba00 Financial Services Committee House Standing Referred to 2021-03-01T17:02:25Z 2021-03-01 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2021-03-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-03-01 Introduced in House IntroReferral 1000 9 Library of Congress S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 N F000466 Rep. Fitzpatrick, Brian K. [R-PA-1] Brian Fitzpatrick R PA K. 1 2021-03-01 True N000179 Rep. Napolitano, Grace F. [D-CA-32] GRACE NAPOLITANO D CA F. 32 2021-03-26 False B001270 Rep. Bass, Karen [D-CA-37] Karen Bass D CA 37 2021-03-26 False T000468 Rep. Titus, Dina [D-NV-1] Dina Titus D NV 1 2021-03-26 False N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2021-03-26 False S001175 Rep. Speier, Jackie [D-CA-14] Jackie Speier D CA 14 2021-03-26 False L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2021-03-26 False C001072 Rep. Carson, Andre [D-IN-7] Andre Carson D IN 7 2021-03-26 False A000371 Rep. Aguilar, Pete [D-CA-31] Pete Aguilar D CA 31 2021-03-26 False C000059 Rep. Calvert, Ken [R-CA-42] KEN CALVERT R CA 42 2021-05-28 False L000578 Rep. LaMalfa, Doug [R-CA-1] Doug LaMalfa R CA 1 2021-05-28 False F000468 Rep. Fletcher, Lizzie [D-TX-7] Lizzie Fletcher D TX 7 2021-06-24 False C001055 Rep. Case, Ed [D-HI-1] Ed Case D HI 1 2021-09-29 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 2021-03-01 Introduced in House 2021-07-06T15:46:38Z Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2021

This bill temporarily provides credit unions with an exception to limits on outstanding member business loans. Specifically, a loan does not count towards this limit if (1) it is used for recovery from the COVID-19 (i.e., coronavirus disease 2019) emergency, (2) it is made by an insured credit union that has received a specified soundness rating, (3) it is made during a specified time period, and (4) it does not threaten the safety and soundness of the insured credit union.

]]> Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2021 Display Title Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2021 Official Title as Introduced To amend the Federal Credit Union Act to include an exception for disaster area member business loans made by insured credit unions, and for other purposes. Introduced in House IH Short Title(s) as Introduced Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2021 Introduced in House IH Introduced in House 2021-03-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr1471ih/xml/BILLS-117hr1471ih.xml 2021-03-01 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.