Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.6381
H.R.6381: To require the Board of Governors of the Federal Reserve System to provide zero-interest loans to minority depository institutions and community development financial institutions to combat COVID-19, and for other purposes.
About This Bill
- Introduced March 24, 2020
- Latest Major Action March 24, 2020
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Version
- Introduced in House - March 24, 2020
Bill Summary
This bill requires the Federal Reserve Board to provide interest-free loans to small minority depository institutions and small community development financial institutions during the COVID-19 (i.e., coronavirus disease 2019) emergency period. The board must charge interest on these loans beginning 18 months after the end of the emergency period.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| March 24, 2020 |
Referred to the House Committee on Financial Services.
|
| March 24, 2020 |
Introduced in the House by Al Green (D-Texas) |