# 116-hr-6549: Business Borrowers Protection Act

116-hr-6549, Business Borrowers Protection Act, is a 116th Congress bill sponsored by Rep. Sherman, Brad [D-CA-32] (D-CA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6549
- 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-6549
- Congress: 116
- Title: Business Borrowers Protection Act
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-04-17
- Sponsor: Rep. Sherman, Brad [D-CA-32] (D-CA)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Business Borrowers Protection Act This bill prohibits a lender from requiring a borrower to repay on an accelerated basis any loan received under a governmental program responding to COVID-19 (i.e., coronavirus disease 2019). Further, a lender may not consider such a loan for purposes of determining whether the lender has the right to accelerate the due date of any loan agreement. In addition, until two years after the termination of the COVID-19 national emergency, the bill (1) declares it to be U.S. policy that lenders should not accelerate due dates for any business loans or curtail any lines of credit, and (2) releases from liability a trustee that decides not to enforce a loan covenant that accelerates repayment under a loan agreement or reduces the availability of funds under a line of credit.

## Related bills

- 116-hr-8986: To designate the facility of the United States Postal Service located at 120 4th Street in Petaluma, California, as the "Lynn C. Woolsey Post Office Building".
- 116-hr-8841: Internal Control Disclosure Improvement Act of 2020
- 116-hr-8809: LOVE Act of 2020
- 116-hr-8726: To designate the facility of the United States Postal Service located at 101 South Willowbrook Avenue in Compton, California, as the "PFC James Anderson, Jr.,…
- 116-hr-8707: Middle East Advanced Military Technology Protection Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act

## Sources
- [116-hr-6549 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6549)

## Related
- [116-hr-8986: To designate the facility of the United States Postal Service located at 120 4t…](https://policyrisk.com/legislation/116-hr-8986)
- [116-hr-8841: Internal Control Disclosure Improvement Act of 2020](https://policyrisk.com/legislation/116-hr-8841)
- [116-hr-8809: LOVE Act of 2020](https://policyrisk.com/legislation/116-hr-8809)
- [116-hr-8726: To designate the facility of the United States Postal Service located at 101 So…](https://policyrisk.com/legislation/116-hr-8726)
- [116-hr-8707: Middle East Advanced Military Technology Protection Act](https://policyrisk.com/legislation/116-hr-8707)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6549 (as of 2025-11-18).