H.R. 8675 · 116th Congress
Preventing Regulatory Penalties for PPP Lenders Act
- Stage
- In committee
- Sponsor
- Barry Loudermilk
- Introduced
- 2020-10-23
- Latest action
- 2020-10-23 · Introduced in House
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.