,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #feej  ,,in ,,the ,,house ,,of  
,,representatives  ,april #ag1 #bjbj,mr4
 ,sherman 7for himself1 ,mr4 ,young1    
,ms4 ,bonamici1 ,mr4 ,fitzpatrick1 ,ms4 
,norton1 ,mrs4 ,napolitano1 ,mr4        
,gonzalez of ,texas1 ,mr4 ,cook1 ,mrs4  
,hayes1 ,ms4 ,finkenauer1 ,ms4 ,brownley
 of ,california1 ,mr4 ,huffman1 ,mr4    
,pascrell1 ,mrs4 ,demings1 ,mr4         
,garamendi1 ,mr4 ,la,malfa1 and ,mr4    
,van ,drew7 introduced the following    
bill2 which was referred to the         
,committee on ,financial ,services  ,a  
,,bill  ,to amend the ,federal ,credit  
,union ,act to provide an exception from
 the member business loan cap for loans 
made to aid in the recovery from the    
,,covid-#ai emergency4  #a4 ,short title
 ,this ,act may be cited as the ,access 
to ,credit for ,small ,businesses       
,impacted by the ,,covid-#ai ,crisis    
,act of #bjbj4  #b4 ,exception for      
disaster area loans  7a7 ,in general    
,section #ajg;,a7b7 of the ,federal     

,credit ,union ,act 7#ab ,u4,s4,c4      
#ageg;a7b77 is amended-- 7#a7 in        
paragraph 7#a71 by striking or at the   
end2  7#b7 in paragraph 7#b71 by        
striking the period and inserting 2 or2 
and  7#c7 by adding at the end the      
following3  7#c7 a member business loan1
 the proceeds of which will be used to  
aid in the recovery from the ,,covid-#ai
 emergency1 if-- 7,a7 the extension of  
credit is being made before the end of  
the #c-year period beginning on ,march  
#ac1 #bjbj2 and  7,b7 the extension of  
credit does not seriously threaten the  
safety and soundness of the insured     
credit union4  4  7b7 ,rulemaking ,not  
later than the end of the #cj-;day      
period beginning on the date of the     
enactment of this ,act1 the ,national   
,credit ,union ,administration ,board   
shall issue regulations to define-- 7#a7
 when an extension of credit aids in the
 recovery from the ,,covid-#ai emergency
 for purposes of section #ajg;,a7b77#c7 
of the ,federal ,credit ,union ,act 7#ab

 ,u4,s4,c4 #ageg;a7b77#c772 and  7#b7   
when such extension of credit does not  
seriously threaten the safety and       
soundness of the applicable insured     
credit union4