S.3833: Paycheck Protection Program Extension Act

About This Bill

  • Introduced May 21, 2020
  • Latest Major Action June 1, 2020

Bill Sponsor

Bill Version

Bill Summary

Paycheck Protection Program Extension Act This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019) and expands the allowable uses for paycheck protection loans. Specifically, the bill extends the deadline to apply for a paycheck protection loan to December 31, 2020, and it allows recipients up to 16 weeks to use any funds received. Within the extended...

(Source: Library of Congress)

Bill Actions

Date Description
June 1, 2020
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 454.
May 21, 2020
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
May 21, 2020

Introduced in the Senate by Marco Rubio (R-Fla.)

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