,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fche  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #be1 #bjbj,mr4   
,curtis introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,f9ancial     
,s]vices1 & 9 addition to ! ,committee  
on ,agriculture1 = a p]iod to be        
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to provide tempor>y
 relief f tr\bl$ debt re/ructur+        
disclosures1 to delay ! implem5tation ( 
c]ta9 acc\nt+ /&>ds = depository        
in/itutions sub/antially affect$ by     
,,covid-#ai1 & = o!r purposes4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,small ,bus9ess-,community ,bank]       
,,covid-#ai ,relief ,act ( #bjbj4  #b4  
,s5se ( ,congress relat+ to community   
bank]-small bus9ess p>tn]%ip enhancem5t 
,x is ! s5se ( ,congress t a depository 
in/itution may delay any requirem5ts = a
 paym5t on a loan made to a small       
bus9ess conc]n sub/antially affect$ by  

,,covid-#ai = ! p]iod dur+ :i* su*      
conc]n is unable to make any paym5t due4
  #c4 ,tempor>y relief f tr\bl$ debt    
re/ructur+ disclosures ,not)/&+ any o!r 
provision ( law1 an insur$ depository   
in/itution t modifies a loan to a small 
bus9ess conc]n sub/antially affect$ by  
,,covid-#ai 9 a tr\bl$ debt re/ructur+  
on or aft] ,m>* #ac1 #bjbj1 %all n be   
requir$ to comply ) ! id5tification &   
disclosures /&>ds issu$ by ! ,f9ancial  
,acc\nt+ ,/&>ds ,bo>d ,acc\nt+ ,/&>ds   
,codification ,subtopic #caj-dj         
7,receivables--,tr\bl$ ,debt            
,re/ructur+s by ,cr$itors7 = purposes ( 
section #bg7;a77#b77;,a7 ( ! ,f$]al     
,deposit ,insurance ,act1 until su* "t &
 "u su* circum/ances z ! appropriate    
,f$]al bank+ ag5cy det]m9es appropriate4
  #d4 ,delay$ implem5tation = ,,cecl ,no
 ,f$]al ag5cy1 includ+ any ( ! ,f$]al   
f9ancial regulators1 may require a      
depository in/itution t has be5         
sub/antially affect$ by ,,covid-#ai to  
comply ) ,,cecl = any purpose4  #e4     

,def9itions ,9 ?is ,act3 7#a7 ,,cecl ,! 
t]m ,,cecl means ! acc\nt+ /&>d 9       
,acc\nt+ ,/&>ds ,update #bjaf-ac1       
,f9ancial ,in/rum5ts--,cr$it ,losses    
7,topic #cbf71 issu$ by ! ,f9ancial     
,acc\nt+ ,/&>ds ,bo>d 9 ,june #bjaf1 z  
am5d$ by ,acc\nt+ ,/&>ds ,update        
#bjah-ai1 ,codification ,improvem5ts to 
,topic #cbf1 ,f9ancial                  
,in/rum5ts--,cr$it ,losses1 issu$ by !  
,f9ancial ,acc\nt+ ,/&>ds ,bo>d 9       
,novemb] #bjah4  7#b7 ,depository       
in/itution ,! t]m depository in/itution 
means any bank or sav+s association4    
7#c7 ,f$]al ,deposit ,insurance ,act    
def9itions ,! t]ms appropriate ,f$]al   
bank+ ag5cy & insur$ depository         
in/itution h ! mean+s giv5 su* t]ms1    
respectively1 9 section #c ( ! ,f$]al   
,deposit ,insurance ,act4  7#d7 ,f$]al  
f9ancial regulators ,! t]m ,f$]al       
f9ancial regulators means-- 7,a7 !      
,dep>tm5t ( ! ,treasury2  7,b7 ! ,bo>d (
 ,gov]nors ( ! ,f$]al ,res]ve ,sy/em2   
7,c7 ! ,bureau ( ,consum] ,f9ancial     

,protection2  7,d7 ! ,(fice ( !         
,comptroll] ( ! ,curr5cy2  7,e7 !       
,commodity ,futures ,trad+ ,commission2 
7,f7 ! ,f$]al ,deposit ,insurance       
,corporation2  7,g7 ! ,f$]al ,h\s+      
,f9ance ,ag5cy2  7,h7 ! ,national ,cr$it
 ,union ,adm9i/ration2 &  7,i7 !        
,securities & ,ex*ange ,commission4     
7#e7 ,small bus9ess conc]n ,! t]m small 
bus9ess conc]n has ! mean+ giv5 su* t]m 
"u section #c ( ! ,small ,bus9ess ,act4 
7#f7 ,sub/antially affect$ ,! t]m       
sub/antially affect$ by ,,covid-#ai     
means1 ) respect to a small bus9ess     
conc]n or depository in/itution1 an     
exp]i5ce ( any ( ! foll[+ z ! result (  
,f$]al1 ,/ate1 or local gov]nm5t action 
tak5 to r$uce ! impact ( ,,covid-#ai3   
7,a7 ,supply *a9 disruptions1 includ+   
*anges 9-- 7i7 quantity & lead "t1      
includ+ ! numb] ( %ipm5ts ( compon5ts & 
delays 9 %ipm5ts2  7ii7 quality1 includ+
 %ortages 9 supply = quality control    
reasons2 &  7iii7 te*nology1 includ+ a  
compromis$ paym5t network4  7,b7 ,/aff+ 

*all5ges4  7,c7 ,decrease 9 sales or    
cu/om]s4  7,d7 ,%utt]$ bus9esses4  7,e7 
,negative effects on rev5ue1 e>n+s1     
income1 debt1 or equity4  7,f7 ,any     
additional negative effect id5tifi$ by  
any ,f$]al f9ancial regulator4