,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fedi  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #ag1 #bjbj,mr4 
,%]man introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to prev5t !       
accel]ation ( ! due date ( bus9ess loans
 dur+ ! ,,covid-#ai national em]g5cy1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,bus9ess ,borr[]s  
,protection ,act4  #b4 ,con/ruction (   
loan cov5ants ,9 det]m9+ :e!r any borr[]
 is 9 violation ( any loan cov5ant or is
 requir$ to repay a loan on an accel]at$
 basis1 any loan receiv$ "u any         
gov]nm5tal program to deal ) !          
,,covid-#ai virus %all be exclud$4 ,any 
loan receiv$ f any gov]nm5tal entity "u 
any program to deal ) ! ,,covid-#ai     
virus %all n be tak5 into acc\nt 9      
det]m9+ ! debts or liabilities ( !      
borr[] = purposes ( det]m9+ :e!r !      
borr[] is 9 con=mity ) any loan         
agreem5t1 or :e!r ! l5d] has ! "r to    
accel]ate ! due date ( any loan         

agreem5t4  #c4 ,loan cov5ant e=cem5t n  
requir$ ,f ! date ( enactm5t until !    
date two ye>s aft] ! t]m9ation ( !      
national em]g5cy decl>$ by ! ,presid5t  
on ,m>* #ac1 #bjbj1 "u ! ,national      
,em]g5cies ,act 7#ej ,u4,s4,c4 #afja et 
seq47 x is ! policy ( ! ,unit$ ,/ates t 
l5d]s %\ld n accel]ate ! due date ( any 
bus9ess loan or curtail any l9e ( cr$it4
 ,f$]al regulatory entities %all adopt  
policies or regulations s t no l5d] is  
held to be 9 violation ( any regulation 
due to ! l5d]'s adh]5ce to ! policy set 
=? 9 ! prec$+ s5t5ce4  #d4 ,tru/ees n   
requir$ to en=ce loan cov5ants ,f ! date
 ( enactm5t until ! date two ye>s aft] !
 t]m9ation ( ! national em]g5cy decl>$  
by ! ,presid5t on ,m>* #ac1 #bjbj1 "u ! 
,national ,em]g5cies ,act 7#ej ,u4,s4,c4
 #afja et seq47 no tru/ee or o!r p]son )
 a fiduci>y duty to ! hold]s ( any debt 
security %all be liable = any decision  
made n to en=ce a loan cov5ant4  #e4    
,def9itions  7a7 ,gov]nm5tal program ,to
 deal ) ! ,,covid-#ai virus ,! t]m      

gov]nm5tal program to deal ) !          
,,covid-#ai virus means any program     
creat$ by ! ,coronavirus ,prep>$ness &  
,response ,supplem5tal ,appropriations  
,act1 #bjbj 7,public ,law #aaf-abc71 !  
,families ,fir/ ,coronavirus ,response  
,act 7,public ,law #aaf-abg71 or !      
,coronavirus ,aid1 ,relief1 & ,economic 
,security ,act 7,public ,law #aaf-acf7 &
 any program e/abli%$ by ! ,f$]al       
,gov]nm5t or any ,/ate1 local1 tribal1  
or t]ritorial gov]nm5t = ! purpose (    
r$uc+ ! economic dislocation caus$ by ! 
spread ( ,,covid-#ai4  7b7 ,loan cov5ant
 ,! t]m loan cov5ant means any provision
 :i* all[s or requires ! accel]ation (  
repaym5ts due "u any loan agreem5t1 or  
:i* r$uces ! availability ( funds "u a  
l9e ( cr$it1 due to any act or omission 
( ! borr[] or any entity relat$ to !    
borr[]4 ,loan cov5ant includes any      
provision :i* accel]ates repaym5t "u a  
loan1 or r$uces ! am\nt t may be borr[$ 
"u a l9e ( cr$it1 because ! borr[]'s    
total liabilities or curr5t liabilities 

exce$ any b5*m>k1 or any p]c5tage ( !   
borr[]'s assets1 rev5ues1 equity1 or o!r
 b5*m>k4