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.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 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.
What just happenedApr 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.
Who’s behind it
- Introduced in HouseApr 10, 2020
- Apr 10, 2020IntroReferralH11100
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.
Financial Services Committee - Apr 10, 2020IntroReferralH11100
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.
Small Business Committee - Apr 10, 2020IntroReferralIntro-H
Introduced in House
- Apr 10, 2020IntroReferral1000
Introduced in House