# 116-hr-6331: To require the Board of Governors of the Federal Reserve System to establish a credit facility to provide loans to small businesses, including small family farms, during the COVID-19 emergency.

116-hr-6331, To require the Board of Governors of the Federal Reserve System to establish a credit facility to provide loans to small businesses, including small family farms, during the COVID-19 emergency., is a 116th Congress bill sponsored by Rep. Beatty, Joyce [D-OH-3] (D-OH); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6331
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6331
- Congress: 116
- Title: To require the Board of Governors of the Federal Reserve System to establish a credit facility to provide loans to small businesses, including small family farms, during the COVID-19 emergency.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-03-23
- Sponsor: Rep. Beatty, Joyce [D-OH-3] (D-OH)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill requires the Federal Reserve Board to establish a credit facility to provide loans to certain small businesses during the COVID-19 (i.e., coronavirus disease 2019) emergency.

## Cosponsors (1)

- Rep. Waters, Maxine [D-CA-43] (D-CA), 2020-05-05T00:00:00.000Z

## Related bills

- 116-hr-8595: To nullify the effect of Executive Order 13950 relating to combating race and sex stereotyping.
- 116-hr-8352: Jobs and Justice Act of 2020
- 116-hr-8345: Air Carrier Worker Support Extension Act of 2020
- 116-hr-8015: Delivering for America Act
- 116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act
- 116-hr-7796: Consumer Relief during COVID–19 Act

## Sources
- [116-hr-6331 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6331)

## Related
- [116-hr-8595: To nullify the effect of Executive Order 13950 relating to combating race and s…](https://policyrisk.com/legislation/116-hr-8595)
- [116-hr-8352: Jobs and Justice Act of 2020](https://policyrisk.com/legislation/116-hr-8352)
- [116-hr-8345: Air Carrier Worker Support Extension Act of 2020](https://policyrisk.com/legislation/116-hr-8345)
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act](https://policyrisk.com/legislation/116-hr-7993)
- [116-hr-7796: Consumer Relief during COVID–19 Act](https://policyrisk.com/legislation/116-hr-7796)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6331 (as of 2025-11-18).