US SB3992 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on June 17 2020 - 25% progression, died in committee
Action: 2020-06-17 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 17 2020 - 25% progression, died in committee
Action: 2020-06-17 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Expands the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to encompass chambers of commerce and certain destination marketing organizations with 300 or fewer employees.
Title
A bill to amend the Small Business Act to provide that certain chambers of commerce and destination marketing organizations are eligible for loans under the paycheck protection program, and for other purposes.
Sponsors
| Sen. Ted Cruz [R-TX] | Sen. Tim Scott [R-SC] | Sen. Marco Rubio [R-FL] | Sen. Angus King [I-ME] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-06-17 | Senate | Read twice and referred to the Committee on Small Business and Entrepreneurship. |
Same As/Similar To
HB7397 (Same As) 2020-06-29 - Referred to the House Committee on Small Business.
Subjects
Business expenses
Cardiovascular and respiratory health
Commerce
Emergency medical services and trauma care
Government lending and loan guarantees
Infectious and parasitic diseases
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
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/senate-bill/3992/all-info |
| Text | https://www.congress.gov/116/bills/s3992/BILLS-116s3992is.pdf |
