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- H.R.6888
H.R.6888: 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.
About This Bill
- Introduced May 15, 2020
- Latest Major Action May 15, 2020
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - May 15, 2020
Bill Summary
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...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 15, 2020 |
Referred to the House Committee on Small Business.
|
May 15, 2020 |
Introduced in the House by Alma Adams (D-N.C.) |