{"id":"AGY-FED-FINANCIAL-026","kind":"order","level":"federal","jurisdiction":"United States; OCC, Federal Reserve Board and FDIC (federal interagency)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"OCC, Board of Governors and FDIC","authority":"12 U.S.C. § 3907; § 1831o","instrument":"Interim final rule, Regulatory Capital Rule: Paycheck Protection Program Lending Facility and Paycheck Protection Program Loans, 85 Fed. Reg. 20387 (Apr. 13, 2020)","title":"Regulatory Capital Rule: Paycheck Protection Program Lending Facility and Paycheck Protection Program Loans","dateIssued":"2020-04-13","effective":"2020-04-13","end":"Remained in force for PPP loans through the program\u0027s life","startDate":"2020-04-13","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER"],"addressees":["banking organizations participating in the PPP and the PPPLF"],"clause":"[The rule provides that PPP loans] will receive a zero percent risk [weight and that the agencies will] neutralize the regulatory capital effects [of participating in the PPPLF].","enforcement":"12 C.F.R. parts 3, 217, 324","functions":["BL business lending (PPP origination volume)","OP capital management"],"notes":"Context: the capital treatment that channeled bank lending capacity into PPP originations for closed and limited businesses","sourceUrl":"https://www.govinfo.gov/content/pkg/FR-2020-04-13/pdf/2020-07712.pdf","snapshot":"","fileExists":true,"fileBytes":264923,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-026","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-026","citation":"OCC, Board of Governors and FDIC, Interim final rule, Regulatory Capital Rule: Paycheck Protection Program Lending Facility and Paycheck Protection Program Loans, 85 Fed. Reg. 20387 (Apr. 13, 2020) (Ex. AGY-FED-FINANCIAL-026)","stateName":"","related":["AGY-FED-FINANCIAL-017"]}