RESTART Act
Sponsored By: Representative Golden, Jared F. [D-ME-2]
Unknown
Summary
Reviving the Economy Sustainably Towards A Recovery in Twenty-twenty Act or the RESTART Act This bill establishes a loan program whereby the Small Business Administration (SBA) shall guarantee loan amounts to certain businesses affected by COVID-19 (i.e., coronavirus disease 2019). Specifically, the bill requires the SBA to guarantee 100% of program loan amounts made to certain small businesses that have not more than than 5,000 full-time employees. The terms for such loans shall include (1) a maximum duration of not more than seven years; (2) an amount that is not greater than 45% of 2019 gross receipts, up to $12 million; and (3) no payment on principal for the first two years of the loan. A lender that is otherwise approved to make paycheck protection loans may make and approve loans established by the bill, and a recipient may use loan funds for specified allowable expenses including payroll costs, rent, utilities, and personal protective equipment. Such loans may be forgiven up to the amount of total losses incurred by the recipient in the taxable year 2020.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Golden, Jared F. [D-ME-2]
ME • D
Cosponsors
Rep. Horsford, Steven [D-NV-4]
NV • D
Sponsored 9/24/2020
Rep. Garamendi, John [D-CA-8]
CA • D
Sponsored 9/24/2020
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 9/24/2020
Sen. Kim, Andy [D-NJ]
NJ • D
Sponsored 9/24/2020
Rep. Ruiz, Raul [D-CA-25]
CA • D
Sponsored 9/24/2020
Rep. Porter, Katie [D-CA-47]
CA • D
Sponsored 9/24/2020
Rep. Jeffries, Hakeem S. [D-NY-8]
NY • D
Sponsored 9/24/2020
Rep. Yoho, Ted S. [R-FL-3]
FL • R
Sponsored 9/24/2020
Rep. Deutch, Theodore E. [D-FL-22]
FL • D
Sponsored 10/1/2020
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 10/1/2020
Rep. Torres, Norma J. [D-CA-35]
CA • D
Sponsored 10/1/2020
Rep. Finkenauer, Abby [D-IA-1]
IA • D
Sponsored 10/1/2020
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 10/1/2020
Rep. Reed, Tom [R-NY-23]
NY • R
Sponsored 10/9/2020
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 10/9/2020
Rep. Lynch, Stephen F. [D-MA-8]
MA • D
Sponsored 10/9/2020
Rep. Johnson, Henry C. "Hank" [D-GA-4]
GA • D
Sponsored 10/9/2020
Rep. Underwood, Lauren [D-IL-14]
IL • D
Sponsored 10/16/2020
Rep. DeGette, Diana [D-CO-1]
CO • D
Sponsored 10/16/2020
Rep. Rice, Kathleen M. [D-NY-4]
NY • D
Sponsored 10/27/2020
COLLIN PETERSON
MN • D
Sponsored 11/2/2020
Rep. Gallagher, Mike [R-WI-8]
WI • R
Sponsored 11/2/2020
Rep. Kelly, Mike [R-PA-16]
PA • R
Sponsored 7/2/2020
Rep. Quigley, Mike [D-IL-5]
IL • D
Sponsored 7/9/2020
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 7/9/2020
Rep. Brown, Anthony G. [D-MD-4]
MD • D
Sponsored 7/9/2020
Rep. Wright, Ron [R-TX-6]
TX • R
Sponsored 7/9/2020
Sen. Schiff, Adam B. [D-CA]
CA • D
Sponsored 7/9/2020
Rep. Marchant, Kenny [R-TX-24]
TX • R
Sponsored 7/16/2020
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 7/16/2020
Rep. Smucker, Lloyd [R-PA-11]
PA • R
Sponsored 7/16/2020
Rep. Ruppersberger, C. A. Dutch [D-MD-2]
MD • D
Sponsored 7/16/2020
Rep. Hurd, Will [R-TX-23]
TX • R
Sponsored 7/16/2020
Rep. Cooper, Jim [D-TN-5]
TN • D
Sponsored 7/16/2020
Rep. LaHood, Darin [R-IL-16]
IL • R
Sponsored 7/21/2020
Rep. Veasey, Marc A. [D-TX-33]
TX • D
Sponsored 7/21/2020
Rep. Flores, Bill [R-TX-17]
TX • R
Sponsored 7/21/2020
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 7/21/2020
Rep. Walorski, Jackie [R-IN-2]
IN • R
Sponsored 7/21/2020
Sen. Welch, Peter [D-VT]
VT • D
Sponsored 7/21/2020
Rep. Granger, Kay [R-TX-12]
TX • R
Sponsored 7/21/2020
Rep. Cisneros, Gilbert Ray [D-CA-31]
CA • D
Sponsored 7/21/2020
Rep. Cole, Tom [R-OK-4]
OK • R
Sponsored 7/24/2020
Rep. Trone, David J. [D-MD-6]
MD • D
Sponsored 7/24/2020
Rep. Estes, Ron [R-KS-4]
KS • R
Sponsored 7/24/2020
Rep. Thompson, Bennie G. [D-MS-2]
MS • D
Sponsored 7/24/2020
Rep. Lowenthal, Alan S. [D-CA-47]
CA • D
Sponsored 7/24/2020
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 7/24/2020
Rep. Schneider, Bradley Scott [D-IL-10]
IL • D
Sponsored 7/24/2020
Rep. Axne, Cynthia [D-IA-3]
IA • D
Sponsored 7/24/2020
Rep. Kirkpatrick, Ann [D-AZ-1]
AZ • D
Sponsored 7/24/2020
Rep. Lamb, Conor [D-PA-17]
PA • D
Sponsored 7/24/2020
Rep. Stanton, Greg [D-AZ-4]
AZ • D
Sponsored 7/24/2020
Rep. Sarbanes, John P. [D-MD-3]
MD • D
Sponsored 7/24/2020
Rep. Lieu, Ted [D-CA-36]
CA • D
Sponsored 7/24/2020
Rep. Rose, Max [D-NY-11]
NY • D
Sponsored 7/24/2020
Rep. Houlahan, Chrissy [D-PA-6]
PA • D
Sponsored 7/24/2020
Rep. Escobar, Veronica [D-TX-16]
TX • D
Sponsored 7/24/2020
Rep. Kaptur, Marcy [D-OH-9]
OH • D
Sponsored 7/24/2020
Rep. Titus, Dina [D-NV-1]
NV • D
Sponsored 7/24/2020
Rep. Napolitano, Grace F. [D-CA-31]
CA • D
Sponsored 7/24/2020
Rep. Pingree, Chellie [D-ME-1]
ME • D
Sponsored 7/24/2020
Rep. Cuellar, Henry [D-TX-28]
TX • D
Sponsored 7/24/2020
Rep. Connolly, Gerald E. [D-VA-11]
VA • D
Sponsored 7/24/2020
Rep. Beyer, Donald S. [D-VA-8]
VA • D
Sponsored 7/24/2020
Rep. Dean, Madeleine [D-PA-4]
PA • D
Sponsored 7/24/2020
Rep. Horn, Kendra S. [D-OK-5]
OK • D
Sponsored 7/24/2020
Rep. Hagedorn, Jim [R-MN-1]
MN • R
Sponsored 7/30/2020
Rep. Crenshaw, Dan [R-TX-2]
TX • R
Sponsored 7/30/2020
Rep. Taylor, Van [R-TX-3]
TX • R
Sponsored 7/30/2020
Rep. Katko, John [R-NY-24]
NY • R
Sponsored 7/30/2020
Rep. Bucshon, Larry [R-IN-8]
IN • R
Sponsored 7/30/2020
Rep. Baird, James R. [R-IN-4]
IN • R
Sponsored 7/30/2020
Rep. Upton, Fred [R-MI-6]
MI • R
Sponsored 7/30/2020
Rep. McEachin, A. Donald [D-VA-4]
VA • D
Sponsored 7/30/2020
Rep. Allred, Colin Z. [D-TX-32]
TX • D
Sponsored 7/30/2020
Rep. Gonzalez, Vicente [D-TX-34]
TX • D
Sponsored 7/30/2020
Rep. Eshoo, Anna G. [D-CA-16]
CA • D
Sponsored 7/30/2020
Sen. Blunt Rochester, Lisa [D-DE]
DE • D
Sponsored 7/30/2020
Rep. Kilmer, Derek [D-WA-6]
WA • D
Sponsored 7/30/2020
Rep. Rouda, Harley [D-CA-48]
CA • D
Sponsored 7/30/2020
Rep. Price, David E. [D-NC-4]
NC • D
Sponsored 7/30/2020
Rep. Haaland, Debra A. [D-NM-1]
NM • D
Sponsored 7/30/2020
Rep. Krishnamoorthi, Raja [D-IL-8]
IL • D
Sponsored 7/30/2020
Rep. Luria, Elaine G. [D-VA-2]
VA • D
Sponsored 7/30/2020
Rep. Fudge, Marcia L. [D-OH-11]
OH • D
Sponsored 7/30/2020
Rep. Beatty, Joyce [D-OH-3]
OH • D
Sponsored 7/30/2020
Rep. Correa, J. Luis [D-CA-46]
CA • D
Sponsored 7/30/2020
Rep. Aguilar, Pete [D-CA-33]
CA • D
Sponsored 7/30/2020
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 7/30/2020
Rep. Cohen, Steve [D-TN-9]
TN • D
Sponsored 7/30/2020
Rep. Perlmutter, Ed [D-CO-7]
CO • D
Sponsored 7/30/2020
Rep. Phillips, Dean [D-MN-3]
MN • D
Sponsored 7/30/2020
Rep. Neguse, Joe [D-CO-2]
CO • D
Sponsored 7/30/2020
Rep. Langevin, James R. [D-RI-2]
RI • D
Sponsored 8/4/2020
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 8/4/2020
Rep. Yarmuth, John A. [D-KY-3]
KY • D
Sponsored 8/4/2020
Rep. Evans, Dwight [D-PA-3]
PA • D
Sponsored 8/4/2020
Rep. Gonzalez, Anthony [R-OH-16]
OH • R
Sponsored 8/4/2020
Rep. Gomez, Jimmy [D-CA-34]
CA • D
Sponsored 8/4/2020
Rep. Cicilline, David N. [D-RI-1]
RI • D
Sponsored 8/7/2020
Rep. Boyle, Brendan F. [D-PA-2]
PA • D
Sponsored 8/7/2020
Rep. Garcia, Sylvia R. [D-TX-29]
TX • D
Sponsored 8/7/2020
Rep. Kildee, Daniel T. [D-MI-8]
MI • D
Sponsored 8/7/2020
Rep. DeFazio, Peter A. [D-OR-4]
OR • D
Sponsored 8/7/2020
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 8/7/2020
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 8/7/2020
Rep. Fletcher, Lizzie [D-TX-7]
TX • D
Sponsored 8/7/2020
Rep. Thompson, Mike [D-CA-4]
CA • D
Sponsored 8/7/2020
Rep. Kind, Ron [D-WI-3]
WI • D
Sponsored 8/7/2020
Rep. Demings, Val Butler [D-FL-10]
FL • D
Sponsored 8/7/2020
Rep. Van Drew, Jefferson [R-NJ-2]
NJ • R
Sponsored 8/7/2020
Rep. Stauber, Pete [R-MN-8]
MN • R
Sponsored 8/7/2020
Sen. Slotkin, Elissa [D-MI]
MI • D
Sponsored 8/14/2020
Rep. Foster, Bill [D-IL-11]
IL • D
Sponsored 8/14/2020
Rep. Jackson Lee, Sheila [D-TX-18]
TX • D
Sponsored 8/14/2020
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 8/14/2020
Rep. Richmond, Cedric L. [D-LA-2]
LA • D
Sponsored 8/14/2020
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 8/14/2020
Rep. Barragán, Nanette Diaz [D-CA-44]
CA • D
Sponsored 8/14/2020
Rep. Peters, Scott H. [D-CA-50]
CA • D
Sponsored 8/14/2020
Rep. Panetta, Jimmy [D-CA-19]
CA • D
Sponsored 8/14/2020
Rep. Schakowsky, Janice D. [D-IL-9]
IL • D
Sponsored 8/14/2020
Rep. Scott, David [D-GA-13]
GA • D
Sponsored 8/14/2020
Rep. Casten, Sean [D-IL-6]
IL • D
Sponsored 8/14/2020
Rep. Sherrill, Mikie [D-NJ-11]
NJ • D
Sponsored 8/14/2020
Rep. Roy, Chip [R-TX-21]
TX • R
Sponsored 8/14/2020
Rep. Brooks, Susan W. [R-IN-5]
IN • R
Sponsored 8/14/2020
Rep. McCaul, Michael T. [R-TX-10]
TX • R
Sponsored 8/14/2020
Rep. Torres Small, Xochitl [D-NM-2]
NM • D
Sponsored 8/18/2020
Rep. Mullin, Markwayne [R-OK-2]
OK • R
Sponsored 8/25/2020
Rep. Young, Don [R-AK-At Large]
AK • R
Sponsored 8/25/2020
Rep. Brooks, Mo [R-AL-5]
AL • R
Sponsored 8/25/2020
Rep. Turner, Michael R. [R-OH-10]
OH • R
Sponsored 8/25/2020
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 8/25/2020
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 8/25/2020
Rep. Steube, W. Gregory [R-FL-17]
FL • R
Sponsored 8/25/2020
Rep. Huffman, Jared [D-CA-2]
CA • D
Sponsored 8/25/2020
Rep. Spanberger, Abigail Davis [D-VA-7]
VA • D
Sponsored 8/25/2020
Rep. Espaillat, Adriano [D-NY-13]
NY • D
Sponsored 8/28/2020
Rep. Carson, André [D-IN-7]
IN • D
Sponsored 8/28/2020
Rep. Kelly, Robin L. [D-IL-2]
IL • D
Sponsored 8/28/2020
Rep. Morelle, Joseph D. [D-NY-25]
NY • D
Sponsored 8/28/2020
Rep. Rush, Bobby L. [D-IL-1]
IL • D
Sponsored 8/28/2020
Rep. Carbajal, Salud O. [D-CA-24]
CA • D
Sponsored 8/28/2020
Rep. Cunningham, Joe [D-SC-1]
SC • D
Sponsored 8/28/2020
Rep. Hastings, Alcee L. [D-FL-20]
FL • D
Sponsored 8/28/2020
Rep. Ryan, Tim [D-OH-13]
OH • D
Sponsored 8/28/2020
Rep. Doggett, Lloyd [D-TX-37]
TX • D
Sponsored 8/28/2020
Rep. Heck, Denny [D-WA-10]
WA • D
Sponsored 8/28/2020
Rep. Swalwell, Eric [D-CA-14]
CA • D
Sponsored 8/28/2020
Rep. Harder, Josh [D-CA-9]
CA • D
Sponsored 8/28/2020
Rep. DeSaulnier, Mark [D-CA-10]
CA • D
Sponsored 8/28/2020
Rep. Costa, Jim [D-CA-21]
CA • D
Sponsored 8/28/2020
Rep. Crow, Jason [D-CO-6]
CO • D
Sponsored 8/28/2020
Rep. Larson, John B. [D-CT-1]
CT • D
Sponsored 8/28/2020
Sen. Luján, Ben Ray [D-NM]
NM • D
Sponsored 9/4/2020
Rep. Lee, Barbara [D-CA-12]
CA • D
Sponsored 9/4/2020
Rep. Cartwright, Matt [D-PA-8]
PA • D
Sponsored 9/4/2020
Rep. Hayes, Jahana [D-CT-5]
CT • D
Sponsored 9/4/2020
Rep. DelBene, Suzan K. [D-WA-1]
WA • D
Sponsored 9/4/2020
Rep. Sánchez, Linda T. [D-CA-38]
CA • D
Sponsored 9/4/2020
Rep. Delgado, Antonio [D-NY-19]
NY • D
Sponsored 9/14/2020
Rep. Grijalva, Raúl M. [D-AZ-7]
AZ • D
Sponsored 9/14/2020
Rep. McCollum, Betty [D-MN-4]
MN • D
Sponsored 9/14/2020
Rep. Adams, Alma S. [D-NC-12]
NC • D
Sponsored 9/14/2020
Rep. Raskin, Jamie [D-MD-8]
MD • D
Sponsored 9/14/2020
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 9/14/2020
Rep. Lee, Susie [D-NV-3]
NV • D
Sponsored 9/14/2020
Rep. Bustos, Cheri [D-IL-17]
IL • D
Sponsored 9/17/2020
Rep. Wexton, Jennifer [D-VA-10]
VA • D
Sponsored 9/17/2020
Rep. McGovern, James P. [D-MA-2]
MA • D
Sponsored 9/17/2020
Rep. Gooden, Lance [R-TX-5]
TX • R
Sponsored 9/17/2020
Rep. Stefanik, Elise M. [R-NY-21]
NY • R
Sponsored 9/17/2020
Rep. Bost, Mike [R-IL-12]
IL • R
Sponsored 9/17/2020
Rep. Levin, Mike [D-CA-49]
CA • D
Sponsored 9/24/2020
Rep. Maloney, Carolyn B. [D-NY-12]
NY • D
Sponsored 9/24/2020
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 10/1/2020
Rep. Matsui, Doris O. [D-CA-7]
CA • D
Sponsored 10/1/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov