To amend the CARES Act to establish a loan program to provide liquidity to eligible lenders for the purpose of providing loans under the Paycheck Protection Program, and for other purposes.

Bill Number

HR 6476

Introduced

Apr 10, 2020

Latest Action

Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, for a period to be ...

Sponsor

Cosponsors

Topics

Appropriations Banking and financial institutions regulation Cardiovascular and respiratory health Credit and credit markets Department of the Treasury Emergency medical services and trauma care Executive agency funding and structure Finance and Financial Sector Government lending and loan guarantees Infectious and parasitic diseases Minority and disadvantaged businesses Rural conditions and development Small business Wages and earnings

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Votes

Summary

This bill requires, and provides funds for, the Department of the Treasury to establish a loan program that provides liquidity to community development financial institutions, small minority depository institutions, and rural banks participating in the Paycheck Protection Program created in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic.

Actions

Apr 10, 2020

Referred to the Committee on Small Business, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 10, 2020

Introduced in House

Amendments

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