Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
116-hr-6381116th Congress
To require the Board of Governors of the Federal Reserve System to provide zero-interest loans to minority depository institutions and community development financial institutions to combat COVID-19, and for other purposes.
Sponsored By: Representative Green, Al [D-TX-9]
Unknown
Summary
This bill requires the Federal Reserve Board to provide interest-free loans to small minority depository institutions and small community development financial institutions during the COVID-19 (i.e., coronavirus disease 2019) emergency period. The board must charge interest on these loans beginning 18 months after the end of the emergency period.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Green, Al [D-TX-9]
TX • D
Cosponsors
Rep. Garcia, Sylvia R. [D-TX-29]
TX • D
Sponsored 3/24/2020
Rep. Meeks, Gregory W. [D-NY-5]
NY • D
Sponsored 3/24/2020
Rep. Cleaver, Emanuel [D-MO-5]
MO • D
Sponsored 3/24/2020
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 3/24/2020
Rep. Waters, Maxine [D-CA-43]
CA • D
Sponsored 5/5/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov