# 116-hr-8675: Preventing Regulatory Penalties for PPP Lenders Act

116-hr-8675, Preventing Regulatory Penalties for PPP Lenders Act, is a 116th Congress bill sponsored by Rep. Loudermilk, Barry [R-GA-11] (R-GA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8675
- 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-8675
- Congress: 116
- Title: Preventing Regulatory Penalties for PPP Lenders Act
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-10-23
- Sponsor: Rep. Loudermilk, Barry [R-GA-11] (R-GA)
- Cosponsors: 16
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Preventing Regulatory Penalties for PPP Lenders Act This bill prohibits federal banking agencies from including Paycheck Protection Program loans as assets when calculating capital ratios, deposit insurance premiums, and other asset thresholds for certain small financial institutions.

## Cosponsors (16)

- Rep. Barr, Andy [R-KY-6] (R-KY), 2020-11-19T00:00:00.000Z
- Rep. Scott, David [D-GA-13] (D-GA), 2020-10-23T00:00:00.000Z
- Rep. Lucas, Frank D. [R-OK-3] (R-OK), 2020-10-23T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2020-10-23T00:00:00.000Z
- Rep. Williams, Roger [R-TX-25] (R-TX), 2020-10-23T00:00:00.000Z
- Sen. Budd, Ted [R-NC] (R-NC), 2020-10-23T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2020-10-23T00:00:00.000Z
- Rep. Hollingsworth, Trey [R-IN-9] (R-IN), 2020-10-23T00:00:00.000Z
- Rep. Rose, John W. [R-TN-6] (R-TN), 2020-10-23T00:00:00.000Z
- Rep. Riggleman, Denver [R-VA-5] (R-VA), 2020-10-23T00:00:00.000Z
- Rep. Taylor, Van [R-TX-3] (R-TX), 2020-10-23T00:00:00.000Z
- Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO), 2020-11-02T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2020-11-12T00:00:00.000Z
- Rep. Posey, Bill [R-FL-8] (R-FL), 2020-11-16T00:00:00.000Z
- Rep. Mooney, Alexander X. [R-WV-2] (R-WV), 2020-11-16T00:00:00.000Z
- Rep. Ferguson, A. Drew, IV [R-GA-3] (R-GA), 2020-11-17T00:00:00.000Z

## Related bills

- 116-hr-7777: Paycheck Protection Small Business Forgiveness Act
- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-748: CARES Act
- 116-hr-6116: Consumer Financial Protection Commission Act
- 116-hr-3495: Improve Well-Being for Veterans Act
- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act

## Sources
- [116-hr-8675 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8675)

## Related
- [116-hr-7777: Paycheck Protection Small Business Forgiveness Act](https://policyrisk.com/legislation/116-hr-7777)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-748: CARES Act](https://policyrisk.com/legislation/116-hr-748)
- [116-hr-6116: Consumer Financial Protection Commission Act](https://policyrisk.com/legislation/116-hr-6116)
- [116-hr-3495: Improve Well-Being for Veterans Act](https://policyrisk.com/legislation/116-hr-3495)
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8675 (as of 2025-11-18).