Economic Empowerment for Underserved Communities Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 11, 2020)
Economic Empowerment for Underserved Communities Act
This bill provides economic assistance to small businesses impacted by COVID-19 (i.e., coronavirus disease 2019), including through (1) the designation of specified amounts for the Community Development Financial Institutions Fund, (2) the establishment of a Small Business and Domestic Production Recovery Investment Facility, and (3) the extension of the requirement that the Small Business Administration subsidize certain loan payments.
What just happenedDec 11, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateDec 11, 2020
- Dec 11, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Dec 11, 2020IntroReferral10000
Introduced in Senate