PPP Extension Act of 2021

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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 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

R CollinsSponsor

16 cosponsors · 10 D, 6 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), through June 30, 2021. Currently, the program is set to expire on March 31, 2021.

What it does: CRS summary · Introduced in Senate · Mar 11, 2021

PPP Extension Act of 2021

For the final 30 days of the program (i.e., from June 1 until June 30), the Small Business Administration may only process applications submitted prior to June 1, and it may not accept any new loan applications.

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

About this bill and sources

Official title: PPP Extension Act of 2021

Latest action (Mar 24, 2021): Committee on Small Business and Entrepreneurship. Hearings held.

Policy area: Commerce · Origin: Senate · Introduced: Mar 11, 2021

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

No recorded floor vote found.