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- S.4586
S.4586: Access to Emergency Credit Facilities Act of 2020
About This Bill
- Introduced Sept. 16, 2020
- Latest Major Action Sept. 16, 2020
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Sept. 16, 2020
Bill Summary
Access to Emergency Credit Facilities Act of 2020 This bill provides for the treatment under existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs of nationally recognized statistical rating organizations, retroactive to March 15, 2020. Specifically, the bill prohibits the requirement of a credit rating from a specific organization to qualify for these aid programs. Furthermore, a credit rating from an organization approved...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 16, 2020 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Sept. 16, 2020 |
Introduced in the Senate by Tim Scott (R-S.C.) |