Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.4954
S.4954: Simplifying PPP Forgiveness Act
About This Bill
- Introduced Dec. 3, 2020
- Latest Major Action Dec. 3, 2020
Bill Sponsor
Bill Version
- Introduced in Senate - Dec. 3, 2020
Bill Summary
This bill revises the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to simplify the application process for loan forgiveness and to establish or certify an online calculator that allows loan recipients to (1) estimate the amount of forgiveness for which they are eligible, and (2) assist with their loan forgiveness applications.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Dec. 3, 2020 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
Dec. 3, 2020 |
Introduced in the Senate by John Kennedy (R-La.) |