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H.R. 7175 · 116th Congress

Paycheck Protection for Producers Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

RKD KindSponsor
16 cosponsors · 7 D, 9 R

This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income.

What it does: CRS summary · Introduced in House · Jun 11, 2020

Paycheck Protection for Producers Act

This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income.

Under current law, such farmers must calculate their paycheck protection loan amount based on net income.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Paycheck Protection for Producers Act

Latest action (Jun 11, 2020): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: Jun 11, 2020

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.