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HR 1471 117th Congress House 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 2021

Introduced: March 26, 2021 Introduced by: Sherman, Brad Democratic · California See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Mar 1, 2021
Referred to the House Committee on Financial Services.
Mar 1, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act of 2021

This bill 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 March 1, 2021

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 11
All 11 Democratic 6 Republican 2
D
Case, Ed
Hawaii · Sep 29, 2021
 D
Fletcher, Lizzie
Texas · Jun 24, 2021
 R
Calvert, Ken
California · May 28, 2021
 D
Aguilar, Pete
California · Mar 26, 2021
Bass, Karen
· Mar 26, 2021
 D
Carson, André
Indiana · Mar 26, 2021
Lowenthal, Alan
· Mar 26, 2021
 D
Norton, Eleanor Holmes
District of Columbia · Mar 26, 2021
Speier, Jackie
· Mar 26, 2021
 D
Titus, Dina
Nevada · Mar 26, 2021
 R
Fitzpatrick, Brian K.
Pennsylvania · Mar 1, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1471: Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-1471/
MLA
"H.R. 1471: Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-1471/.
Bluebook (legal)
H.R. 1471, 117th Cong. (2026), https://openamerica.io/bill/117-HR-1471/.
Markdown link
[H.R. 1471: Access to Credit for Small Businesses Impacted by the COVID–19 Crisis Act of 2021](https://openamerica.io/bill/117-HR-1471/)
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