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- S.1249
S.1249: PPP Flexibility for Farmers, Ranchers, and the Self-Employed Act
About This Bill
- Introduced April 20, 2021
- Latest Major Action April 20, 2021
Bill Sponsor
Bill Cosponsors
9 (2 Democrats, 1 Independent Democrat, 6 Republicans)
Bill Version
- Introduced in Senate - April 20, 2021
Bill Summary
PPP Flexibility for Farmers, Ranchers, and the Self-Employed Act This bill makes various changes to the Paycheck Protection Program (PPP) with respect to certain loans, loan applicants, and loan recipients. First, the bill permits farming partnerships with gross farming income from self-employment to request a recalculation of the amount of their PPP loans based on the partners' distributive shares of gross income from the partnership. The...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 20, 2021 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| April 20, 2021 |
Introduced in the Senate by Benjamin L. Cardin (D-Md.) |