Paycheck Protection Program Improved Coordination Act of 2020
Sponsored By: Representative Pappas, Chris [D-NH-1]
Unknown
Summary
Paycheck Protection Program Improved Coordination Act of 2020 This bill coordinates the Paycheck Protection Program (PPP), established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), with the employee retention tax credit for employers subject to closure due to COVID-19, by allowing loan amounts not forgiven under the PPP to be taken into account for purposes of the retention tax credit.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Pappas, Chris [D-NH-1]
NH • D
Cosponsors
Rep. Hagedorn, Jim [R-MN-1]
MN • R
Sponsored 5/8/2020
Rep. Murphy, Stephanie N. [D-FL-7]
FL • D
Sponsored 5/8/2020
PETER KING
NY • R
Sponsored 6/11/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov