0
0
0
To require the Board of Governors of the Federal Reserve System to provide zero-interest loans to minority depository institutions and community development financial institutions to combat COVID-19, and for other purposes.
2/9/2022, 2:12 AM
Congressional Summary of HR 6381
This bill requires the Federal Reserve Board to provide interest-free loans to small minority depository institutions and small community development financial institutions during the COVID-19 (i.e., coronavirus disease 2019) emergency period. The board must charge interest on these loans beginning 18 months after the end of the emergency period.
Read the Full Bill
Current Status of Bill HR 6381
Bill HR 6381 is currently in the status of Bill Introduced since March 24, 2020. Bill HR 6381 was introduced during Congress 116 and was introduced to the House on March 24, 2020. Bill HR 6381's most recent activity was Referred to the House Committee on Financial Services. as of March 24, 2020
Bipartisan Support of Bill HR 6381
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
5Democrat Cosponsors
5Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6381
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Bank accounts, deposits, capital
- Cardiovascular and respiratory health
- Economic performance and conditions
- Emergency medical services and trauma care
- Government lending and loan guarantees
- Infectious and parasitic diseases
- Interest, dividends, interest rates
- Minority and disadvantaged businesses
- Poverty and welfare assistance
Alternate Title(s) of Bill HR 6381
To require the Board of Governors of the Federal Reserve System to provide zero-interest loans to minority depository institutions and community development financial institutions to combat COVID-19, and for other purposes.
To require the Board of Governors of the Federal Reserve System to provide zero-interest loans to minority depository institutions and community development financial institutions to combat COVID-19, and for other purposes.
Comments
Sponsors and Cosponsors of HR 6381
Latest Bills
A concurrent resolution expressing support for the recognition of March 10, 2026, as "Abortion Provider Appreciation Day".
Bill SCONRES 28March 11, 2026
A resolution requesting information on the Republic of Cameroon's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act 1961.
Bill SRES 637March 11, 2026
A resolution requesting information on the Republic of Guatemala's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 636March 11, 2026
A resolution requesting information on the Republic of Kosovo's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 635March 11, 2026
A resolution requesting information on the Republic of Equatorial Guinea's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 634March 11, 2026
A resolution requesting information on the Republic of Honduras's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 633March 11, 2026
A resolution requesting information on the Republic of Ghana's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 632March 11, 2026
A resolution requesting information on the Republic of Uzbekistan's human rights practices pursuant to section 502B(c) of the Foreign Assistance Act of 1961.
Bill SRES 631March 11, 2026
A resolution honoring the lives of fallen Missouri police officers and expressing condolences to their families.
Bill SRES 630March 11, 2026
Respect for Local Communities Act
Bill HR 7652March 11, 2026
Workforce Emergency Response Act of 2020
Bill HR 6379February 8, 2022
Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
Bill HR 6321February 8, 2022