1. Short title This Act may be cited as the Small Business-Community Banker COVID–19 Relief Act of 2020 . 2. Sense of Congress relating to community banker-small business partnership enhancement It is the sense of Congress that a depository institution may delay any requirements for a payment on a loan made to a small business concern substantially affected by COVID–19 for the period during which such concern is unable to make any payment due. 3. Temporary relief from troubled debt restructuring disclosures Notwithstanding any other provision of law, an insured depository institution that modifies a loan to a small business concern substantially affected by COVID–19 in a troubled debt restructuring on or after March 13, 2020, shall not be required to comply with the identification and disclosures standards issued by the Financial Accounting Standards Board Accounting Standards Codification Subtopic 310–40 ( Receivables—Troubled Debt Re­struc­tur­ings by Creditors ) for purposes of section 27(a)(2)(A) of the Federal Deposit Insurance Act, until such time and under such circumstances as the appropriate Federal banking agency determines appropriate. 4. Delayed implementation for CECL No Federal agency, including any of the Federal financial regulators, may require a depository institution that has been substantially affected by COVID–19 to comply with CECL for any purpose. 5. Definitions In this Act: (1) CECL The term CECL means the accounting standard in Accounting Standards Update 2016–13, Financial Instruments—Credit Losses (Topic 326) , issued by the Financial Accounting Standards Board in June 2016, as amended by Accounting Standards Update 2018–19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses , issued by the Financial Accounting Standards Board in November 2018. (2) Depository institution The term depository institution means any bank or savings association. (3) Federal Deposit Insurance Act definitions The terms appropriate Federal banking agency and insured depository