Skip to main content
S 3676 116th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Cardiovascular and respiratory health Credit and credit markets Disaster relief and insurance Emergency medical services and trauma care Infectious and parasitic diseases National Credit Union Administration Small business

Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020

Introduced: May 11, 2020 Introduced by: Wyden, Ron Democratic · Oregon 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 11, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 11, 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

Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2020

This bill eases certain restrictions on credit unions regarding liquidity and lending.

The bill extends waivers applicable to National Credit Union Administration Central Liquidity Facility membership and credit-extension restrictions through December 31, 2021. These waivers currently expire on December 31, 2020. (The National Credit Union Administration Central Liquidity Facility serves as a lender to credit unions that are experiencing certain liquidity shortfalls.)

The bill also temporarily provides credit unions with an exception to limits on outstanding member business loans. Specifically, a loan does not count towards this limit if (1) it is used for recovery from the COVID-19 (i.e., coronavirus disease 2019) emergency, (2) it is made by an insured credit union that has received a specified soundness rating, (3) it is made during a specified time period, and (4) it does not threaten the safety and soundness of the insured credit union.

What's happening now May 11, 2020

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 2
  • HR 6550 Related bill Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020
  • HR 6789 Identical bill Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020
 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. 3676: Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-S-3676/
MLA
"S. 3676: Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3676/.
Bluebook (legal)
S. 3676, 116th Cong. (2026), https://openamerica.io/bill/116-S-3676/.
Markdown link
[S. 3676: Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2020](https://openamerica.io/bill/116-S-3676/)
Report a problem