Bill Sponsor
House Bill 6476
116th Congress(2019-2020)
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.
Introduced
Introduced
Introduced in House on Apr 10, 2020
Overview
Text
Sponsor
Introduced
Apr 10, 2020
Latest Action
Apr 10, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6476
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Democrat
Texas
Democrat
California
Democrat
Florida
Democrat
Massachusetts
Democrat
Mississippi
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

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.

Text (1)
April 10, 2020
Actions (2)
04/10/2020
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.
04/10/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:43:15 PM