# 116-hr-6817: To establish a payroll loan facility for small financial institutions affected by COVID-19, and for other purposes.

116-hr-6817, To establish a payroll loan facility for small financial institutions affected by COVID-19, and for other purposes., is a 116th Congress bill sponsored by Rep. Green, Al [D-TX-9] (D-TX); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6817
- 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-6817
- Congress: 116
- Title: To establish a payroll loan facility for small financial institutions affected by COVID-19, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-05-12
- Sponsor: Rep. Green, Al [D-TX-9] (D-TX)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill provides specified funds to the Department of the Treasury to establish a payroll loan facility that provides loans to small financial institutions. These loans must offer, to the maximum extent practicable, benefits and assistance similar to the Paycheck Protection Program created in response to the COVID-19 (i.e., coronavirus disease 2019) pandemic. Treasury must also establish a loan forgiveness program for these loans.

## Cosponsors (3)

- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2020-05-12T00:00:00.000Z
- Rep. Scott, David [D-GA-13] (D-GA), 2020-05-12T00:00:00.000Z
- Rep. Meeks, Gregory W. [D-NY-5] (D-NY), 2020-06-08T00:00:00.000Z

## Related bills

- 116-hr-8352: Jobs and Justice Act of 2020
- 116-hr-8015: Delivering for America Act
- 116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act
- 116-hr-7709: Jobs and Neighborhood Investment Act
- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-6902: Black History is American History Act

## Sources
- [116-hr-6817 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6817)

## Related
- [116-hr-8352: Jobs and Justice Act of 2020](https://policyrisk.com/legislation/116-hr-8352)
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7993: Promoting and Advancing Communities of Color through Inclusive Lending Act](https://policyrisk.com/legislation/116-hr-7993)
- [116-hr-7709: Jobs and Neighborhood Investment Act](https://policyrisk.com/legislation/116-hr-7709)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-6902: Black History is American History Act](https://policyrisk.com/legislation/116-hr-6902)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6817 (as of 2025-11-18).