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- H.R.7928
H.R.7928: LIFT UP Act of 2020
About This Bill
- Introduced Aug. 4, 2020
- Latest Major Action Aug. 4, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Aug. 4, 2020
Bill Summary
Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020 or the LIFT UP Act This bill modifies specified debt relief made available to small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the Small Business Administration must pay the principal, interest, and any associated fees that are owed on certain disaster loans made to small businesses prior and unrelated to COVID-19 for a six-month period.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Aug. 4, 2020 |
Referred to the House Committee on Small Business.
|
| Aug. 4, 2020 |
Introduced in the House by Lizzie Fletcher (D-Texas) |