HR 8857 · 116th Congress · Finance and Financial Sector

CPR Fund Act

Introduced 2020-12-03· Sponsored by Rep. Lynch, Stephen F. [D-MA-8]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2020-12-03)

Plain Language Summary

[AI summary unavailable — showing source text] Consumer Protection Relief Fund Act or the CPR Fund Act This bill establishes the Consumer Protection Relief Fund for vulnerable borrowers experiencing financial difficulty in repaying specified loans due to the impact of COVID-19 (i.e., coronavirus disease 2019). Aggregate payments with respect to a borrower may not exceed $9,500.…

Summarized by Claude AI · Non-partisan · For informational purposes only