Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.4117
S.4117: Paycheck Protection Small Business Forgiveness Act
About This Bill
- Introduced June 30, 2020
- Latest Major Action June 30, 2020
Bill Sponsor
Bill Cosponsors
32 (5 Democrats, 27 Republicans)
Bill Version
- Introduced in Senate - June 30, 2020
Bill Summary
Paycheck Protection Small Business Forgiveness Act This bill modifies loan forgiveness under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill provides for automatic forgiveness of a paycheck protection loan that is not more than $150,000 if the recipient submits a one-page form. Further, it prohibits any enforcement or other action against a...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 30, 2020 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| June 30, 2020 |
Introduced in the Senate by Kevin Cramer (R-N.D.) |