# 116-hr-6795: To prohibit confessions of judgment in connection with the extension of covered credit or creation of covered debt, and for other purposes.

116-hr-6795, To prohibit confessions of judgment in connection with the extension of covered credit or creation of covered debt, and for other purposes., is a 116th Congress bill sponsored by Rep. Velázquez, Nydia M. [D-NY-7] (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6795
- 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-6795
- Congress: 116
- Title: To prohibit confessions of judgment in connection with the extension of covered credit or creation of covered debt, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-05-08
- Sponsor: Rep. Velázquez, Nydia M. [D-NY-7] (D-NY)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill prohibits a confession of judgment or similar agreement as a condition to a loan or extension of credit of $2 million or less during the COVID-19 (i.e., coronavirus disease 2019) emergency period and for 120 days following. (A confession of judgment is an agreement to a judgment of liability without notice and opportunity to be heard in court in the event of the default of a borrower.)

## Cosponsors (1)

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

## Related bills

- 116-hr-8406: Making emergency supplemental appropriations for the fiscal year ending September 30, 2021, and for other purposes.
- 116-hr-8113: Puerto Rico Self-Determination Act of 2020
- 116-hr-8015: Delivering for America Act
- 116-hr-7946: Federal Reserve Racial and Economic Equity Act
- 116-hr-7517: Protect Access to Birth Control Act
- 116-hr-7402: Protecting Renters from Eviction and Fees Act of 2020

## Sources
- [116-hr-6795 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6795)

## Related
- [116-hr-8406: Making emergency supplemental appropriations for the fiscal year ending Septemb…](https://policyrisk.com/legislation/116-hr-8406)
- [116-hr-8113: Puerto Rico Self-Determination Act of 2020](https://policyrisk.com/legislation/116-hr-8113)
- [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-7517: Protect Access to Birth Control Act](https://policyrisk.com/legislation/116-hr-7517)
- [116-hr-7402: Protecting Renters from Eviction and Fees Act of 2020](https://policyrisk.com/legislation/116-hr-7402)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6795 (as of 2025-11-18).