H.R. 7413 · 116th Congress
Calculate PPP Forgiveness Act of 2020
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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.
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WagnerSponsor23 cosponsors · 12 D, 11 R
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Clay
MB
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Bost
RG
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Grijalva
DK
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Kustoff
LM
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McBath
EN
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Norton
DP
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Phillips
BR
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Rush
MR
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Rogers
BW
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Westerman
EC
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Case
BL
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Luetkemeyer
BL
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Long
CL
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Lamb
HR
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Rouda
DC
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Crenshaw
CF
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Fleischmann
JW
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Wilson
SM
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Maloney
EL
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Luria
LF
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Fletcher
BS
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Steil
RS
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Spano1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the Small Business Administration to establish or certify an online calculator that allows recipients of assistance under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019) to (1) estimate the amount of loan forgiveness for which they are eligible, and (2)…
What it does: CRS summary · Introduced in House · Jun 29, 2020
Calculate PPP Forgiveness Act of 2020
This bill requires the Small Business Administration to establish or certify an online calculator that allows recipients of assistance under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019) to (1) estimate the amount of loan forgiveness for which they are eligible, and (2) assist with their applications to request loan forgiveness.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Calculate PPP Forgiveness Act of 2020
Latest action (Jun 29, 2020): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Jun 29, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.