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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.

USA116th CongressHR-6476| House 
| Updated: 4/10/2020
Al Green

Al Green

Democratic Representative

Texas

Cosponsors (7)
Al Lawson (Democratic)Emanuel Cleaver (Democratic)Carolyn B. Maloney (Democratic)Vicente Gonzalez (Democratic)Stephen F. Lynch (Democratic)Brad Sherman (Democratic)Bennie G. Thompson (Democratic)

Small Business Committee, Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Apr 10, 2020
Introduced in House
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.
  • April 10, 2020
    Introduced in House
  • April 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.

Finance and Financial Sector

AppropriationsBanking and financial institutions regulationCardiovascular and respiratory healthCredit and credit marketsDepartment of the TreasuryEmergency medical services and trauma careExecutive agency funding and structureGovernment lending and loan guaranteesInfectious and parasitic diseasesMinority and disadvantaged businessesRural conditions and developmentSmall businessWages and earnings

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.

USA116th CongressHR-6476| House 
| Updated: 4/10/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 10, 2020
Introduced in House
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.
  • April 10, 2020
    Introduced in House
  • April 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.
Al Green

Al Green

Democratic Representative

Texas

Cosponsors (7)
Al Lawson (Democratic)Emanuel Cleaver (Democratic)Carolyn B. Maloney (Democratic)Vicente Gonzalez (Democratic)Stephen F. Lynch (Democratic)Brad Sherman (Democratic)Bennie G. Thompson (Democratic)

Small Business Committee, Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AppropriationsBanking and financial institutions regulationCardiovascular and respiratory healthCredit and credit marketsDepartment of the TreasuryEmergency medical services and trauma careExecutive agency funding and structureGovernment lending and loan guaranteesInfectious and parasitic diseasesMinority and disadvantaged businessesRural conditions and developmentSmall businessWages and earnings