HR 8686 · 116th Congress 2019–2021, ended

Small Business COVID–19 Debt Relief Extension Act of 2020

Introduced Oct 27, 2020 Originated House Sponsor André Carson D-IN

Fact sheet

Latest action · Oct 27, 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.

  1. IntroducedOct 27, 2020
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Small Business COVID-19 Debt Relief Extension Act of 2020

This bill extends for an additional six months the Small Business Debt Relief Program, under which the Small Business Administration (SBA), in response to COVID-19 (i.e., coronavirus disease 2019), was authorized to subsidize six months of payments for certain SBA-backed loan products on behalf of the recipients of these loans. Further, a small business that submits a new application for an SBA-backed loan prior to March 30, 2021, may receive a six month subsidy.

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Actions 2

Everything that happened, newest first.

  1. Oct 27, 2020Introduced in House
  2. Oct 27, 2020Referred to the House Committee on Small Business.

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Oct 27, 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.