US HB8686 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on October 27 2020 - 25% progression, died in committee
Action: 2020-10-27 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 27 2020 - 25% progression, died in committee
Action: 2020-10-27 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Small Business COVID–19 Debt Relief Extension Act of 2020
Sponsors
| Rep. Andre Carson [D-IN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-10-27 | House | Referred to the House Committee on Small Business. |
| 2020-10-27 | House | Introduced in House |
Subjects
Cardiovascular and respiratory health
Commerce
Emergency medical services and trauma care
Government lending and loan guarantees
Infectious and parasitic diseases
Interest, dividends, interest rates
Minority and disadvantaged businesses
Small business
Veterans' loans, housing, homeless programs
Women in business
Commerce
Emergency medical services and trauma care
Government lending and loan guarantees
Infectious and parasitic diseases
Interest, dividends, interest rates
Minority and disadvantaged businesses
Small business
Veterans' loans, housing, homeless programs
Women in business
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/8686/all-info |
| Text | https://www.congress.gov/116/bills/hr8686/BILLS-116hr8686ih.pdf |
