# 116-hr-6775: Community Impact Financial Institutions Inclusion Act of 2020

116-hr-6775, Community Impact Financial Institutions Inclusion Act of 2020, is a 116th Congress bill sponsored by Rep. Meeks, Gregory W. [D-NY-5] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6775
- 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-6775
- Congress: 116
- Title: Community Impact Financial Institutions Inclusion Act of 2020
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-05-08
- Sponsor: Rep. Meeks, Gregory W. [D-NY-5] (D-NY)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Community Impact Financial Institutions Inclusion Act of 2020 This bill allocates a certain portion of specified COVID-19 (i.e., coronavirus disease 2019) economic aid to finance loans originated by small financial institutions. Specifically, 20% of this aid must be allocated to community lenders, insured depository institutions, and credit unions with less than $10 billion in assets and 5% of this aid must be allocated to minority depository institutions and community development financial institutions with less than $10 billion in assets.

## Cosponsors (2)

- Rep. Waters, Maxine [D-CA-43] (D-CA), 2020-05-08T00:00:00.000Z
- Rep. Sherman, Brad [D-CA-32] (D-CA), 2020-07-21T00:00:00.000Z

## Related bills

- 116-hr-8015: Delivering for America Act
- 116-hr-7946: Federal Reserve Racial and Economic Equity Act
- 116-hr-7673: Represent America Abroad Act of 2020
- 116-hr-7517: Protect Access to Birth Control Act
- 116-hr-7197: RESTAURANTS Act of 2020
- 116-hr-7120: George Floyd Justice in Policing Act of 2020

## Sources
- [116-hr-6775 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6775)

## Related
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7946: Federal Reserve Racial and Economic Equity Act](https://policyrisk.com/legislation/116-hr-7946)
- [116-hr-7673: Represent America Abroad Act of 2020](https://policyrisk.com/legislation/116-hr-7673)
- [116-hr-7517: Protect Access to Birth Control Act](https://policyrisk.com/legislation/116-hr-7517)
- [116-hr-7197: RESTAURANTS Act of 2020](https://policyrisk.com/legislation/116-hr-7197)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6775 (as of 2025-11-18).