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- S.4927
S.4927: EIDL Forgiveness Act
About This Bill
- Introduced Nov. 30, 2020
- Latest Major Action Nov. 30, 2020
Bill Sponsor
Bill Cosponsors
9 (6 Democrats, 3 Republicans)
Bill Version
- Introduced in Senate - Nov. 30, 2020
Bill Summary
EIDL Forgiveness Act This bill modifies the loan forgiveness determination for a paycheck protection loan by excluding from such determination any advance amount for an economic injury disaster loan that was made to the recipient in relation to COVID-19 (i.e., coronavirus disease 2019).
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Nov. 30, 2020 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| Nov. 30, 2020 |
Introduced in the Senate by Angus King (ID-Maine) |