H.R.6312: COVID-19 Relief for Small Businesses Act of 2020

About This Bill

  • Introduced March 19, 2020
  • Latest Major Action March 19, 2020

Bill Cosponsors

2 (All Democrats)

Bill Version

Bill Summary

COVID-19 Relief for Small Businesses Act of 2020 This bill establishes measures to support small businesses impacted by COVID-19 (i.e., coronavirus disease 2019). Specifically, the SBA must temporarily make or guarantee loans for specified uses to small businesses in a state or territory with a case of COVID-19, up to 50% of which may be forgiven; pay the principal, interest, and associated fees owed on certain small business loans for a...

(Source: Library of Congress)

Bill Actions

Date Description
March 19, 2020
Referred to the House Committee on Small Business.
March 19, 2020

Introduced in the House by Nydia M. Velázquez (D-N.Y.)

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