S. 815 · 117th Congress
PPP Extension Act of 2021
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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.
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RubioSponsor15 cosponsors · 15 R
R
Barrasso
MB
R
Braun
MC
R
Crapo
SC
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Collins
SC
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Capito
KC
R
Cramer
CH
R
Hyde-Smith
JH
R
Hawley
JL
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Lankford
JR
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Risch
MR
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Rounds
TS
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Scott
DF
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Fischer
RM
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Marshall
JK
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Kennedy12 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, through June 30, 2021. Currently, the program is set to expire on March 31, 2021.
What it does: CRS summary · Introduced in Senate · Mar 17, 2021
PPP Extension Act of 2021
This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19, through June 30, 2021. Currently, the program is set to expire on March 31, 2021.
For the final 30 days of the program (i.e., from June 1 until June 30), the Small Business Administration (SBA) may only process applications submitted prior to June 1, and it may not accept any new loan applications. The bill also prohibits the SBA from prioritizing certain applications over others.
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 17, 2021): Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: Senate · Introduced: Mar 17, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.