Bill would exempt COVID-19 MBLs from cap for one year

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Reps. Brad Sherman (D-Calif.) introduced a bipartisan bill Friday to exempt credit union business loans related to the pandemic from the member business lending cap for one year. CUNA supports including such language in the next phase of COVID-19 relief legislation.

https://news.cuna.org/articles/117771-bill-would-exempt-covid-19-mbls-from-cap-for-one-year