US HB6987 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on May 22 2020 - 25% progression
Action: 2020-05-22 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]

Summary

To include payments for waste and recycling collection services as covered utility payments for purposes of calculating the eligible amount for forgiveness of indebtedness on a paycheck protection program loan. This bill expands loan forgiveness under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include amounts from a paycheck protection loan that a recipient expends for waste and recycling collection.

Tracking Information

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Title

To include payments for waste and recycling collection services as covered utility payments for purposes of calculating the eligible amount for forgiveness of indebtedness on a paycheck protection program loan.

Sponsors


History

DateChamberAction
2020-05-22HouseReferred to the House Committee on Small Business.
2020-05-22HouseIntroduced in House

Same As/Similar To

SB3984 (Related) 2020-06-17 - Read twice and referred to the Committee on Small Business and Entrepreneurship.

Subjects


US Congress State Sources


Bill Comments

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