Preventing Regulatory Penalties for PPP Lenders Act

United States116th CongressHR-8675House of Representatives

Updated: Oct 23, 2020

Summary

Preventing Regulatory Penalties for PPP Lenders Act This bill prohibits federal banking agencies from including Paycheck Protection Program loans as assets when calculating capital ratios, deposit insurance premiums, and other asset thresholds for certain small financial institutions.

Bill texts

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Introduced (House)View official text

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Timeline

October 23, 2020
Introduced in House
October 23, 2020
Referred to the House Committee on Financial Services.
House of Representatives

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