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HR 6790 116th Congress House Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Cardiovascular and respiratory health Credit and credit markets Department of the Treasury Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Small business

Business Borrowers Protection Act

Introduced: May 8, 2020 Introduced by: Sherman, Brad Democratic · California 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
Referred to the House Committee on Financial Services.
May 8, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Business Borrowers Protection Act

This bill prohibits a creditor from enforcing a loan covenant that requires the accelerated repayment of a loan if the borrower receives a loan under certain COVID-19 (i.e., coronavirus disease 2019) economic aid programs. Additionally, a creditor is prohibited from enforcing any loan covenant beginning on the date of enactment of this bill and ending one year after the termination of the COVID-19 national emergency.

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 1
All 1 Democratic 1
D
Waters, Maxine
California · May 8, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6790: Business Borrowers Protection Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6790/
MLA
"H.R. 6790: Business Borrowers Protection Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6790/.
Bluebook (legal)
H.R. 6790, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6790/.
Markdown link
[H.R. 6790: Business Borrowers Protection Act](https://openamerica.io/bill/116-HR-6790/)
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