# 116-hr-6888: To modify requirements relating to the participation of community development financial institutions in the paycheck protection program of the Small Business Administration, and for other purposes.

116-hr-6888, To modify requirements relating to the participation of community development financial institutions in the paycheck protection program of the Small Business Administration, and for other purposes., is a 116th Congress bill sponsored by Rep. Adams, Alma S. [D-NC-12] (D-NC); status Referred to the House Committee on Small Business. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6888
- 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-6888
- Congress: 116
- Title: To modify requirements relating to the participation of community development financial institutions in the paycheck protection program of the Small Business Administration, and for other purposes.
- Status: Referred to the House Committee on Small Business.
- Introduced: 2020-05-15
- Sponsor: Rep. Adams, Alma S. [D-NC-12] (D-NC)
- Cosponsors: 1
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill authorizes community development financial institutions to make loans under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). The bill also allows the Small Business Administration and the Department of the Treasury to revoke a lender's authority to make paycheck protection loans upon a joint determination that (1) the lender has had recent material operational shortcomings that warrant such a revocation, and (2) the revocation is consistent with the purpose of the program.

## Cosponsors (1)

- Rep. Waters, Maxine [D-CA-43] (D-CA), 2020-05-15T00:00:00.000Z

## Related bills

- 116-hr-8595: To nullify the effect of Executive Order 13950 relating to combating race and sex stereotyping.
- 116-hr-8352: Jobs and Justice Act of 2020
- 116-hr-8345: Air Carrier Worker Support Extension 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-7517: Protect Access to Birth Control Act

## Sources
- [116-hr-6888 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6888)

## Related
- [116-hr-8595: To nullify the effect of Executive Order 13950 relating to combating race and s…](https://policyrisk.com/legislation/116-hr-8595)
- [116-hr-8352: Jobs and Justice Act of 2020](https://policyrisk.com/legislation/116-hr-8352)
- [116-hr-8345: Air Carrier Worker Support Extension Act of 2020](https://policyrisk.com/legislation/116-hr-8345)
- [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-7517: Protect Access to Birth Control Act](https://policyrisk.com/legislation/116-hr-7517)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6888 (as of 2025-11-18).