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Searching...- Bills
- H.R.7010
H.R.7010: Paycheck Protection Program Flexibility Act of 2020
About This Bill
- Introduced May 26, 2020
- Latest Major Action June 5, 2020
Bill Sponsor
Bill Cosponsors
86 (57 Democrats, 29 Republicans)
Bill Versions
- Received in Senate - June 1, 2020
- Engrossed in House - May 28, 2020
- Introduced in House - May 26, 2020
Bill Summary
Paycheck Protection Program Flexibility Act of 2020 This bill modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program implemented in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill establishes a minimum maturity of five years for a paycheck protection loan with a remaining balance after forgiveness. The bill also extends the covered period during which...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 5, 2020 |
Presented to President.
|
| June 4, 2020 |
Message on Senate action sent to the House.
|
| June 3, 2020 |
Voice Vote in the SenatePassed Senate without amendment by Voice Vote. (consideration: CR S2690-2691) |
| June 3, 2020 |
Passed the SenatePassed Senate without amendment by Voice Vote. |
| June 1, 2020 |
Received in the Senate, read twice.
|
| June 1, 2020 |
Received in the Senate.
|
| June 1, 2020 |
Received in the Senate, read the first time.
|
| May 28, 2020 |
Motion to reconsider laid on the table Agreed to without objection.
|
| May 28, 2020 |
Vote in the HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 1 (Roll no. 114). |
| May 28, 2020 |
Considered as unfinished business.
|
| May 28, 2020 |
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
|
| May 28, 2020 |
DEBATE - The House proceeded with forty minutes of debate on H.R. 7010.
|
| May 28, 2020 |
Considered under suspension of the rules.
|
| May 28, 2020 |
Ms. Velazquez moved to suspend the rules and pass the bill, as amended.
|
| May 28, 2020 |
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 1 (Roll no. 114). (text: CR H2332-2333)
|
| May 28, 2020 |
Considered as unfinished business. (consideration: CR H2339-2340)
|
| May 28, 2020 |
Considered under suspension of the rules. (consideration: CR H2332-2338)
|
| May 26, 2020 |
Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| May 26, 2020 |
Introduced in the House by Dean Phillips (D-Minn.) |