To require the Board of Governors of the Federal Reserve System to establish a credit facility to provide loans to small businesses, including small family farms, during the COVID-19 emergency.

2/8/2022, 11:17 PM

Congressional Summary of HR 6331

This bill requires the Federal Reserve Board to establish a credit facility to provide loans to certain small businesses during the COVID-19 (i.e., coronavirus disease 2019) emergency.

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Current Status of Bill HR 6331

Bill HR 6331 is currently in the status of Bill Introduced since March 23, 2020. Bill HR 6331 was introduced during Congress 116 and was introduced to the House on March 23, 2020. Bill HR 6331's most recent activity was Referred to the House Committee on Financial Services. as of March 23, 2020

Bipartisan Support of Bill HR 6331

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6331

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Agricultural prices, subsidies, credit

- Cardiovascular and respiratory health

- Emergency medical services and trauma care

- Federal Reserve System

- Government lending and loan guarantees

- Infectious and parasitic diseases

- Self-employed

- Small business

Alternate Title(s) of Bill HR 6331

To require the Board of Governors of the Federal Reserve System to establish a credit facility to provide loans to small businesses, including small family farms, during the COVID-19 emergency.