US HB6697 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 87-40)
Status: Introduced on May 5 2020 - 25% progression, died in committee
Action: 2020-05-05 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 5 2020 - 25% progression, died in committee
Action: 2020-05-05 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Modifies the Paycheck Protection Program implemented by the Small Business Administration in response to COVID-19 (i.e., coronavirus disease 2019) to include certain entities and exclude certain individuals. Specifically, the bill expands the program to encompass organizations with 300 or fewer employees that (1) operate under section 501(c)(6) of the Internal Revenue Code (other than a professional football league), or (2) are a destination marketing organization engaged in promoting communities and facilities to businesses and leisure travelers. The bill also narrows the definition of payroll costs under the program to exclude any compensation of an employee who is a registered lobbyist from the calculation for loan amounts or for allowable uses of funds provided under the program.
Title
Local Chamber, Tourism, and 501(c)(6) Protection Act of 2020
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-05-05 | House | Referred to the House Committee on Small Business. |
2020-05-05 | House | Introduced in House |
Subjects
Business expenses
Cardiovascular and respiratory health
Commerce
Emergency medical services and trauma care
Government lending and loan guarantees
Infectious and parasitic diseases
Marketing and advertising
Public participation and lobbying
Small business
Tax-exempt organizations
Travel and tourism
Wages and earnings
Cardiovascular and respiratory health
Commerce
Emergency medical services and trauma care
Government lending and loan guarantees
Infectious and parasitic diseases
Marketing and advertising
Public participation and lobbying
Small business
Tax-exempt organizations
Travel and tourism
Wages and earnings
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/6697/all-info |
Text | https://www.congress.gov/116/bills/hr6697/BILLS-116hr6697ih.pdf |