US HB6506 | 2019-2020 | 116th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 40-5)
Status: Introduced on April 14 2020 - 25% progression, died in committee
Action: 2020-04-14 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 14 2020 - 25% progression, died in committee
Action: 2020-04-14 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
To amend the Small Business Act to modify the paycheck protection program, and for other purposes.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-04-14 | House | Referred to the House Committee on Small Business. |
| 2020-04-14 | House | Introduced in House |
Subjects
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
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
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/6506/all-info |
| Text | https://www.congress.gov/116/bills/hr6506/BILLS-116hr6506ih.pdf |
