Skip to main content
S 3560 116th Congress Senate Finance and Financial Sector Cardiovascular and respiratory health Civil actions and liability Consumer credit Emergency medical services and trauma care Infectious and parasitic diseases Interest, dividends, interest rates Small business Social work, volunteer service, charitable organizations State and local government operations

Small Business and Consumer Emergency Credit Act

Introduced: March 22, 2020 Introduced by: Van Hollen, Chris Democratic · Maryland See on congress.gov
Sign in to write a letter Sign in to watch
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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 2020
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Mar 22, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 22, 2020
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Small Business and Consumer Emergency Credit Act

This bill applies certain military consumer credit protections to all consumers, tax-exempt charitable organizations, and small businesses for credit extended during the COVID-19 (i.e., coronavirus disease 2019) emergency period. Specifically, the bill caps the interest rate on an extension of consumer credit at 36%.

What's happening now May 12, 2020

Committee on Banking, Housing, and Urban Affairs. Hearings held.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3560: Small Business and Consumer Emergency Credit Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-3560/
MLA
"S. 3560: Small Business and Consumer Emergency Credit Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3560/.
Bluebook (legal)
S. 3560, 116th Cong. (2026), https://openamerica.io/bill/116-S-3560/.
Markdown link
[S. 3560: Small Business and Consumer Emergency Credit Act](https://openamerica.io/bill/116-S-3560/)
Report a problem