Paycheck Protection Program Fairness for Engineering Services Act
Latest action · May 20, 2022 Referred to the Subcommittee on Highways and Transit.
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.
- IntroducedMay 19, 2022
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Paycheck Protection Program Fairness for Engineering Services Act
This bill exempts until June 30, 2025, certain contractors that receive federal highway or public transportation funding from having to adjust costs associated with their contracts to account for loan forgiveness through the Paycheck Protection Program (PPP). (The PPP provided small businesses with loans for payroll and other costs to respond to the COVID-19 emergency with loan forgiveness under certain conditions.)
Under current law, a contractor with a cost-reimbursable contract must reduce costs or provide cash refunds to the Department of Transportation (or a state department of transportation) if the contractor receives or accrues any income, rebate, allowance, or other credit relating to an allowable contract cost, which includes PPP loan forgiveness.
Cosponsors 9
Members who signed on, in the order they did. Signatures ran from May 19, 2022 to Aug 12, 2022; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NY | John Katko | Original | May 19, 2022 |
| D-IN | André Carson | May 24, 2022 | |
| D-IL | Marie Newman | May 24, 2022 | |
| R-MN | Pete Stauber | May 27, 2022 | |
| R-IL | Rodney Davis | May 27, 2022 | |
| D-NJ | Bill Pascrell, Jr. | Jun 22, 2022 | |
| D-WA | Kim Schrier | Jun 22, 2022 | |
| R-OH | Brad R. Wenstrup | Jul 13, 2022 | |
| D-VA | Elaine G. Luria | Aug 12, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Transportation and Infrastructure Committee | Referred May 19, 2022 |
| Highways and Transit Subcommittee | Referred May 20, 2022 |
Actions 3
Everything that happened, newest first.
- May 20, 2022Referred to the Subcommittee on Highways and Transit.
- May 19, 2022Introduced in House
- May 19, 2022Referred to the House Committee on Transportation and Infrastructure.
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
The sponsor’s statement, as printed in the Congressional Record, vol. 168, no. 86, May 19, 2022, page H5208.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 3711 | A bill to ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts on the basis of the forgiveness of certain covered loans, and for other purposes. | Related bill | Feb 28, 2022 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To ensure that no cost reduction or cash refund is due under certain transportation cost-reimbursement contracts on the basis of the forgiveness of certain covered loans, and for other purposes.
- Short Title(s) as Introduced
- Paycheck Protection Program Fairness for Engineering Services Act
Subjects
Assigned by the Library of Congress. Policy area: Transportation and Public Works.
Text 1
Each version as it was printed, newest first.
- May 19, 2022Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
