H.R. 2727 · 118th Congress
EIDL Relief Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
10 cosponsors · 10 D
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill provides temporary relief for certain borrowers of Economic Injury Disaster Loans (EIDL) that were made in response to the COVID-19 emergency. Specifically, for one year, the Small Business Administration must reduce the interest rate and limit the monthly payment due for borrowers of these loans experiencing short-term financial challenges.
What it does: CRS summary · Introduced in House · Apr 19, 2023
EIDL Relief Act
This bill provides temporary relief for certain borrowers of Economic Injury Disaster Loans (EIDL) that were made in response to the COVID-19 emergency. Specifically, for one year, the Small Business Administration must reduce the interest rate and limit the monthly payment due for borrowers of these loans experiencing short-term financial challenges.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: EIDL Relief Act
Latest action (Apr 19, 2023): Referred to the House Committee on Small Business.
Policy area: Commerce · Origin: House · Introduced: Apr 19, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.