US Congress Senate Bill 3918 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on June 9 2020 - 25% progression, died in committee
Action: 2020-06-09 - Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S2809)
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]

Modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income. Under current law, such farmers must calculate their paycheck protection loan amount based on net income.

Paycheck Protection for Producers Act

Sen. John Thune [R-SD]

Sen. Tammy Baldwin [D-WI]

Sen. Joni Ernst [R-IA]

Date	Chamber	Action
2020-06-09	Senate	Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S2809)

HB7175 (Same As) 2020-06-11 - Referred to the House Committee on Small Business.
SB4321 (Related) 2020-07-27 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
HB8265 (Related) 2020-09-16 - Referred to the Committee on Small Business, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB4775 (Related) 2020-10-01 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 564.
SB4773 (Related) 2020-10-01 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 562.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/3918/all-info
Text	https://www.congress.gov/116/bills/s3918/BILLS-116s3918is.pdf