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COVID-19 Loan Collection Bill
Recent Bills/COVID-19 Loan Collection Bill

COVID-19 Loan Collection Bill

IntroducedN/A
In Senate1 year ago
Intro
Senate
House
Pres
Waiting for a House floor vote.
It has cleared committee and can be brought up at any time, though no date is set.
CommerceDebt collectionFraud offenses and financial crimesGovernment ethics and transparency, public corruptionGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsInfectious and parasitic diseases
More:Bills in the SenateEconomySenate Bills
Why This Matters

This bill requires small businesses to keep paying back loans they received during the COVID-19 pandemic. It also extends oversight to ensure proper use of these funds.

If you own a small business with a COVID-19 relief loan, you must continue making payments without pause.
Who this affects
Small business owners
What changes is this bill making?
  1. 1This bill stops the suspension of loan collections for small businesses affected by COVID-19.
  2. 2It applies to loans guaranteed by the Small Business Administration.
  3. 3The bill ensures that businesses must continue to repay their COVID-19 relief loans.
  4. 4It also extends the oversight of pandemic recovery funds until 2030.
  5. 5The bill aims to prevent improper payments related to these loans.
Read the detailed summary

Veterans, Women, Families with Children, Race, and Persons with Disabilities Housing Fairness Act of 2025 or the Housing Fairness Act of 2025This bill expands efforts to detect and address housing discrimination. Specifically, the Department of Housing and Urban Development (HUD) must conduct a nationwide testing program to (1) detect and document differences in the treatment of prospective renters, homebuyers, or mortgage borrowers; (2) measure patterns of adverse treatment because of the race, color, religion, sex, familial status, disability status, or national origin of a renter, homebuyer, or borrower; and (3) measure the prevalence of such discriminatory practices across housing and mortgage lending markets. The bill also reauthorizes through FY2028 the Fair Housing Initiatives Program, which supports organizations that provide direct assistance to individuals who have been victims of housing discrimination. Additionally, HUD must implement a grant program to assist public and private nonprofit organizations in (1) conducting comprehensive studies on the causes or effects of housing discrimination and segregation, and (2) implementing pilot projects that test solutions to help prevent or alleviate housing discrimination and segregation.

Read full document
Bill Progress3 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedJan 3, 2025
Sponsors
See all 7 sponsors
Senate
HouseCurrent

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

President

The President

Donald Trump
President
Awaiting Vote
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