TEMPORARY LENDING LIMIT WAIVER.

SEC. 4011. TEMPORARY LENDING LIMIT WAIVER. (a) In General.—Section 5200 of the Revised Statutes of the United States (12 U.S.C. 84) is amended— (1) in subsection (c)(7)— (A) by inserting “any nonbank financial company (as that term is defined in section 102 of the Financial Stability Act of 2010 (12 U.S.C. 5311)),” after “Loans or extensions of credit to”; and (B) by striking “financial institution or to” and inserting “financial institution, or to”; and (2) in subsection (d), by adding at the end of paragraph (1) the following: “The Comptroller of the Currency may, by order, exempt any transaction or series of transactions from the requirements of this section upon a finding by the Comptroller that such exemption is in the public interest and consistent with the purposes of this section.”. (b) [12 U.S.C. 84 note] Effective Period.—This section, and the amendments made by this section, shall be effective during the period beginning on the date of enactment of this Act and ending on the sooner of— (1) the termination date of the national emergency concerning the novel coronavirus disease (COVID-19) outbreak declared by the President on March 13, 2020 under the National Emergencies Act (50 U.S.C. 1601 et seq.); or (2) December 31, 2020.