To amend the Small Business Act to modify the paycheck protection program, and for other purposes.
Latest action · Apr 14, 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 14, 2020
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
This bill modifies and establishes additional funding for the Paycheck Protection Program of the Small Business Administration that was implemented in response to COVID-19 (i.e., coronavirus disease 2019).
Specifically, the bill (1) extends the duration of the program; (2) authorizes loan recipients under the program to request additional, forgivable amounts; and (3) extends the deferral period for such loans to at least one year.
Cosponsors 44
Members who signed on, in the order they did. Signatures ran from Apr 14, 2020 to Jul 1, 2020, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WA | Jaime Herrera Beutler | Original | Apr 14, 2020 |
| D-PA | Madeleine Dean | Original | Apr 14, 2020 |
| D-CA | Adam B. Schiff | Apr 17, 2020 | |
| D-CA | Ami Bera | Apr 17, 2020 | |
| D-IL | Bradley Scott Schneider | Apr 17, 2020 | |
| R-WA | Dan Newhouse | Apr 17, 2020 | |
| D-FL | Darren Soto | Apr 17, 2020 | |
| D-MD | David J. Trone | Apr 17, 2020 | |
| D-WA | Denny Heck | Apr 17, 2020 | |
| D-VA | Donald S. Beyer, Jr. | Apr 17, 2020 | |
| D-CO | Ed Perlmutter | Apr 17, 2020 | |
| D-CA | Gilbert Ray Cisneros, Jr. | Apr 17, 2020 | |
| D-MI | Haley M. Stevens | Apr 17, 2020 | |
| D-CA | Jimmy Panetta | Apr 17, 2020 | |
| D-NY | Joseph D. Morelle | Apr 17, 2020 |
Actions 2
Everything that happened, newest first.
- Apr 14, 2020Introduced in House
- Apr 14, 2020Referred to the House Committee on Small Business.
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
- Appropriations
- Business expenses
- Business investment and capital
- Cardiovascular and respiratory health
- Commerce
- Emergency medical services and trauma care
- Executive agency funding and structure
- Government lending and loan guarantees
- Infectious and parasitic diseases
- Small business
- Small Business Administration
- Wages and earnings
Text 1
Each version as it was printed, newest first.
- Apr 14, 2020Introduced in House
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.