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- H.R.6775
H.R.6775: Community Impact Financial Institutions Inclusion Act of 2020
About This Bill
- Introduced May 8, 2020
- Latest Major Action May 8, 2020
Bill Sponsor
Bill Versions
- Introduced in House - May 8, 2020
- Introduced in House - May 8, 2020
Bill Summary
Community Impact Financial Institutions Inclusion Act of 2020 This bill allocates a certain portion of specified COVID-19 (i.e., coronavirus disease 2019) economic aid to finance loans originated by small financial institutions. Specifically, 20% of this aid must be allocated to community lenders, insured depository institutions, and credit unions with less than $10 billion in assets and 5% of this aid must be allocated to minority depository...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 8, 2020 |
Referred to the House Committee on Financial Services.
|
| May 8, 2020 |
Introduced in the House by Gregory W. Meeks (D-N.Y.) |