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HR 6775 116th Congress House Finance and Financial Sector Banking and financial institutions regulation Cardiovascular and respiratory health Congressional oversight Emergency medical services and trauma care Federal Reserve System Financial crises and stabilization Financial services and investments Government lending and loan guarantees Infectious and parasitic diseases

Community Impact Financial Institutions Inclusion Act of 2020

Introduced: May 8, 2020 Introduced by: Meeks, Gregory W. Democratic · New York See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 8, 2020
Introduced in House
May 8, 2020
Referred to the House Committee on Financial Services.
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 Plain-English summary Congressional Research Service

Community Impact Financial Institutions Inclusion Act of 2020

This bill allocates a certain portion of specified COVID-19 (i.e., coronavirus disease 2019) economic aid to finance loans originated by small financial institutions. Specifically, 20% of this aid must be allocated to community lenders, insured depository institutions, and credit unions with less than $10 billion in assets and 5% of this aid must be allocated to minority depository institutions and community development financial institutions with less than $10 billion in assets.

What's happening now May 8, 2020

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Sherman, Brad
California · Jul 21, 2020
 D
Waters, Maxine
California · May 8, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6775: Community Impact Financial Institutions Inclusion Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6775/
MLA
"H.R. 6775: Community Impact Financial Institutions Inclusion Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6775/.
Bluebook (legal)
H.R. 6775, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6775/.
Markdown link
[H.R. 6775: Community Impact Financial Institutions Inclusion Act of 2020](https://openamerica.io/bill/116-HR-6775/)
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