H.R.6987: To include payments for waste and recycling collection services as covered utility payments for purposes of calculating the eligible amount for forgiveness of indebtedness on a paycheck protection program loan.

About This Bill

  • Introduced May 22, 2020
  • Latest Major Action May 22, 2020

Bill Version

Bill Summary

This bill expands loan forgiveness under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include amounts from a paycheck protection loan that a recipient expends for waste and recycling collection.

(Source: Library of Congress)

Bill Actions

Date Description
May 22, 2020
Referred to the House Committee on Small Business.
May 22, 2020

Introduced in the House by David McKinley (R-W.Va.)

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