US HB6476 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on April 10 2020 - 25% progression, died in committee
Action: 2020-04-10 - 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.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 10 2020 - 25% progression, died in committee
Action: 2020-04-10 - 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.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
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.
Sponsors
| Rep. Al Green [D-TX] | Rep. Vicente Gonzalez [D-TX] | Rep. Stephen Lynch [D-MA] | Rep. Carolyn Maloney [D-NY] |
| Rep. Al Lawson [D-FL] | Rep. Emanuel Cleaver [D-MO] | Rep. Bennie Thompson [D-MS] | Rep. Brad Sherman [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-04-10 | House | 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. |
| 2020-04-10 | House | 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. |
| 2020-04-10 | House | Introduced in House |
Subjects
Appropriations
Banking and financial institutions regulation
Cardiovascular and respiratory health
Credit and credit markets
Department of the Treasury
Emergency medical services and trauma care
Executive agency funding and structure
Finance and financial sector
Government lending and loan guarantees
Infectious and parasitic diseases
Minority and disadvantaged businesses
Rural conditions and development
Small business
Wages and earnings
Banking and financial institutions regulation
Cardiovascular and respiratory health
Credit and credit markets
Department of the Treasury
Emergency medical services and trauma care
Executive agency funding and structure
Finance and financial sector
Government lending and loan guarantees
Infectious and parasitic diseases
Minority and disadvantaged businesses
Rural conditions and development
Small business
Wages and earnings
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/6476/all-info |
| Text | https://www.congress.gov/116/bills/hr6476/BILLS-116hr6476ih.pdf |
