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- H.R.6818
H.R.6818: To amend the CARES Act to provide for the prioritization of applications from certain small businesses seeking Payroll Protection Program loans through the Small Business Administration.
About This Bill
- Introduced May 12, 2020
- Latest Major Action May 12, 2020
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - May 12, 2020
Bill Summary
This bill requires the Small Business Administration, in making loan guarantees under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to guarantee that employers with 25 or fewer employees shall receive at least 50% of all loan dollars.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| May 12, 2020 |
Referred to the House Committee on Small Business.
|
| May 12, 2020 |
Introduced in the House by Al Green (D-Texas) |