US HB6475 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on April 10 2020 - 25% progression, died in committee
Action: 2020-04-10 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 10 2020 - 25% progression, died in committee
Action: 2020-04-10 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.
Sponsors
| Rep. Al Green [D-TX] | Rep. Ed Perlmutter [D-CO] | Rep. Lacy Clay [D-MO] | Rep. Bennie Thompson [D-MS] |
| Rep. Carolyn Maloney [D-NY] | Rep. Vicente Gonzalez [D-TX] | Rep. Michael San Nicolas [D-GU] | Rep. Brad Sherman [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-04-10 | House | Referred to the House Committee on Small Business. |
| 2020-04-10 | House | Introduced in House |
Subjects
Bank accounts, deposits, capital
Business expenses
Cardiovascular and respiratory health
Commerce
Credit and credit markets
Emergency medical services and trauma care
Gambling
Government lending and loan guarantees
Infectious and parasitic diseases
Small business
Business expenses
Cardiovascular and respiratory health
Commerce
Credit and credit markets
Emergency medical services and trauma care
Gambling
Government lending and loan guarantees
Infectious and parasitic diseases
Small business
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/6475/all-info |
| Text | https://www.congress.gov/116/bills/hr6475/BILLS-116hr6475ih.pdf |
