Credit Guarantee (Amendment) Bill 2020

Plain-English summary AI · claude-haiku-4-5-20251001

• Minister can issue credit guarantees for Covid-19 relief loans under a new scheme, with a monetary cap on government liability.
• Expands which business types can access credit guarantees beyond the original 2012 Act scope.
• Amends 2012 and 2016 Credit Guarantee Acts to enable emergency lending support during pandemic economic hardship.

Stage timeline

1. First Stage 33rd Dáil

   13 Jul 2020
2. Second Stage 33rd Dáil

   21 Jul 2020
3. Committee Stage 33rd Dáil

   22 Jul 2020
4. Report Stage 33rd Dáil

   22 Jul 2020
5. Fifth Stage 33rd Dáil

   22 Jul 2020
6. Second Stage 26th Seanad

   23 Jul 2020
7. Committee Stage 26th Seanad

   23 Jul 2020
8. Report Stage 26th Seanad

   23 Jul 2020
9. Fifth Stage 26th Seanad

   23 Jul 2020
10. Enacted

    24 Jul 2020