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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (1)

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the CARES Act to extend the temporary relief from troubled debt restructurings.

Actions Overview (1)

Date Actions Overview
12/21/2020Introduced in Senate

All Actions (1)

Date All Actions
12/21/2020Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Action By: Senate

Cosponsors (3)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Kennedy, John [R-LA]* 12/21/2020
Sen. Menendez, Robert [D-NJ]* 12/21/2020
Sen. Tester, Jon [D-MT]* 12/21/2020

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
Senate Banking, Housing, and Urban Affairs12/21/2020 Referred to

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Latest Summary (1)

There is one summary for S.5078. View summaries

Shown Here:
Introduced in Senate (12/21/2020)

This bill revises the applicable period during which a financial institution may suspend loan modification requirements as applied to a troubled debt restructuring. Currently, this period ends on the earliest of December 31, 2020, or the date that is 60 days after the termination of the COVID-19 (i.e., coronavirus disease 2019) national emergency. The bill revises this period to end on the earliest of January 1, 2022, or the date that is 60 days after the termination of the COVID-19 national emergency.