HR 8675
116th Congress
House
Finance and Financial Sector
Administrative remedies
Bank accounts, deposits, capital
Business expenses
Cardiovascular and respiratory health
Emergency medical services and trauma care
Government lending and loan guarantees
Infectious and parasitic diseases
Small business
Wages and earnings
Preventing Regulatory Penalties for PPP Lenders Act
Introduced: October 23, 2020
Introduced by:
Loudermilk, Barry
Republican
· Georgia
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 23, 2020
Referred to the House Committee on Financial Services.
Oct 23, 2020
Introduced in House
Plain-English summary
Preventing Regulatory Penalties for PPP Lenders Act
This bill prohibits federal banking agencies from including Paycheck Protection Program loans as assets when calculating capital ratios, deposit insurance premiums, and other asset thresholds for certain small financial institutions.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1