H.R.6758: To establish requirements for funds appropriated to carry out the paycheck protection program, to require reporting on the use of such funds, and for other purposes.

About This Bill

  • Introduced May 8, 2020
  • Latest Major Action May 8, 2020

Bill Version

Bill Summary

This bill requires that specified amounts be set aside from funds appropriated to carry out the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), and it establishes requirements for processing program loan applications. The bill requires that $1 billion of program funds not otherwise obligated or expended be set aside for loan guarantees made by minority depository...

(Source: Library of Congress)

Bill Actions

Date Description
May 8, 2020
Referred to the House Committee on Small Business.
May 8, 2020

Introduced in the House by Sylvia Garcia (D-Texas)

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