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- H.R.6987
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 Sponsor
Bill Cosponsors
13 (8 Democrats, 5 Republicans)
Bill Version
- Introduced in House - May 22, 2020
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.) |