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- H.R.6506
H.R.6506: To amend the Small Business Act to modify the paycheck protection program, and for other purposes.
About This Bill
- Introduced April 14, 2020
- Latest Major Action April 14, 2020
Bill Sponsor
Bill Cosponsors
44 (39 Democrats, 5 Republicans)
Bill Version
- Introduced in House - April 14, 2020
Bill Summary
This bill modifies and establishes additional funding for the Paycheck Protection Program of the Small Business Administration that was implemented in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill (1) extends the duration of the program; (2) authorizes loan recipients under the program to request additional, forgivable amounts; and (3) extends the deferral period for such loans to at least one year.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
April 14, 2020 |
Referred to the House Committee on Small Business.
|
April 14, 2020 |
Introduced in the House by Derek Kilmer (D-Wash.) |