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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
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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
Oct 23, 2020
Referred to the House Committee on Financial Services.
Oct 23, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

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 October 23, 2020

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 12
All 12 Republican 7
R
Barr, Andy
Kentucky · Nov 19, 2020
Ferguson, A.
· Nov 17, 2020
 R
Fitzpatrick, Brian K.
Pennsylvania · Nov 12, 2020
Luetkemeyer, Blaine
· Nov 2, 2020
 R
Budd, Ted
North Carolina · Oct 23, 2020
Hollingsworth, Trey
· Oct 23, 2020
 R
Kustoff, David
Tennessee · Oct 23, 2020
 R
Lucas, Frank D.
Oklahoma · Oct 23, 2020
 R
Rose, John W.
Tennessee · Oct 23, 2020
Stivers, Steve
· Oct 23, 2020
Taylor, Van
· Oct 23, 2020
 R
Williams, Roger
Texas · Oct 23, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8675: Preventing Regulatory Penalties for PPP Lenders Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8675/
MLA
"H.R. 8675: Preventing Regulatory Penalties for PPP Lenders Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8675/.
Bluebook (legal)
H.R. 8675, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8675/.
Markdown link
[H.R. 8675: Preventing Regulatory Penalties for PPP Lenders Act](https://openamerica.io/bill/116-HR-8675/)
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