# 116-hr-6385: Small Business-Community Banker COVID–19 Relief Act of 2020

116-hr-6385, Small Business-Community Banker COVID–19 Relief Act of 2020, is a 116th Congress bill sponsored by Sen. Curtis, John R. [R-UT] (R-UT); status Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6385
- 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-6385
- Congress: 116
- Title: Small Business-Community Banker COVID–19 Relief Act of 2020
- Status: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2020-03-25
- Sponsor: Sen. Curtis, John R. [R-UT] (R-UT)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Small Business-Community Banker COVID-19 Relief Act of 2020 This bill allows a depository institution to delay compliance with specified accounting standards when modifying a loan for a small business affected by COVID-19 (i.e., coronavirus disease 2019) in a troubled debt restructuring. A depository institution is not required to comply with certain accounting standards applicable to credit losses (i.e., current expected credit losses standards, also known as CECL standards) if it has been substantially affected by COVID-19.

## Related bills

- 116-hr-8784: Worldwide Wind Turbine Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-12: CTF Act
- 116-hr-8450: To treat certain face coverings and disinfectants as medical expenses for purposes of certain Federal tax benefits.
- 116-hr-8367: Human Trafficking Council Extension Act of 2020
- 116-hr-8361: EIDL Forgiveness Act

## Sources
- [116-hr-6385 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6385)

## Related
- [116-hr-8784: Worldwide Wind Turbine Act](https://policyrisk.com/legislation/116-hr-8784)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-12: CTF Act](https://policyrisk.com/legislation/116-hr-12)
- [116-hr-8450: To treat certain face coverings and disinfectants as medical expenses for purpo…](https://policyrisk.com/legislation/116-hr-8450)
- [116-hr-8367: Human Trafficking Council Extension Act of 2020](https://policyrisk.com/legislation/116-hr-8367)
- [116-hr-8361: EIDL Forgiveness Act](https://policyrisk.com/legislation/116-hr-8361)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6385 (as of 2025-11-18).
