HR 6475 · 116th Congress 2019–2021, ended

To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.

Introduced Apr 10, 2020 Originated House Sponsor Al Green D-TX

Latest action · Apr 10, 2020 Referred to the House Committee on Small Business.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedApr 10, 2020
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

This bill expands eligibility for the Paycheck Protection Program, through which the Small Business Administration may temporarily guarantee certain loans to small businesses during the COVID-19 (i.e., coronavirus disease 2019) pandemic, to include (1) financial businesses primarily engaged in the business of lending, and (2) legal gambling businesses.

Cosponsors 7

Members who signed on, in the order they did. All signed on Apr 24, 2020.

Seat	Cosponsor	Signed on
D-MS	Bennie G. Thompson	Apr 24, 2020
D-CA	Brad Sherman	Apr 24, 2020
D-NY	Carolyn B. Maloney	Apr 24, 2020
D-CO	Ed Perlmutter	Apr 24, 2020
D-GU	Michael F. Q. San Nicolas	Apr 24, 2020
D-TX	Vicente Gonzalez	Apr 24, 2020
D-MO	Wm. Lacy Clay	Apr 24, 2020

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

Chamber	Committee	What it did
House	Small Business Committee	Referred Apr 10, 2020

Actions 2

Everything that happened, newest first.

Apr 10, 2020Introduced in House
Apr 10, 2020Referred to the House Committee on Small Business.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Commerce Clause: Article 1, Section 8, clause 3--provides Congress with the power to regulate commerce with foreign nations and among the states, including the use of the channels of interstate commerce, the instrumentalities of interstate commerce, or persons or things in interstate commerce. Necessary and Proper Clause: Article 1, Section 8, clause 18--allows Congress the power to make all laws that are necessary and proper for executing its enumerated powers and all other powers vested by the Constitution in the U.S. Government.

The sponsor’s statement, as printed in the Congressional Record, vol. 166, no. 69, April 10, 2020, page H1883.

Titles 1

Every title it has carried, official and short, at each stage.

Official Title as Introduced: To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.

Subjects

Assigned by the Library of Congress. Policy area: Commerce.

Text 1

Each version as it was printed, newest first.

Apr 10, 2020Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.