Federal RuleAug 21
62
DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
116-hr-8265116th Congress
To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.
Sponsored By: Representative Chabot, Steve [R-OH-1]
Unknown
Summary
This bill establishes funding for, expands, and provides additional economic assistance to small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the Small Business Administration is authorized to provide second draw loans of up to $2 million under the Paycheck Protection Program. A recipient shall be eligible for forgiveness of a second draw loan in the same manner as an initial paycheck protection loan. Further the bill modifies the Paycheck Protection Program by, among other things, (1) expanding forgivable expenses, (2) allowing borrowers to select an eight-week period through December 31, 2020, to use their paycheck protection loan, (3) simplifying the forgiveness application for smaller loans, (4) expanding eligibility to certain chambers of commerce and destination marketing organizations, and (5) establishing a specific loan calculation for farmers and ranchers.
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
Chabot, Steve [R-OH-1]
OH • R
Cosponsors
Rep. Wright, Ron [R-TX-6]
TX • R
Sponsored 9/23/2020
Rep. Marchant, Kenny [R-TX-24]
TX • R
Sponsored 9/21/2020
Rep. McMorris Rodgers, Cathy [R-WA-5]
WA • R
Sponsored 9/21/2020
Rep. Hagedorn, Jim [R-MN-1]
MN • R
Sponsored 9/21/2020
Rep. Scott, Austin [R-GA-8]
GA • R
Sponsored 9/21/2020
Rep. Rutherford, John H. [R-FL-5]
FL • R
Sponsored 9/21/2020
Rep. Gooden, Lance [R-TX-5]
TX • R
Sponsored 9/21/2020
Rep. Walberg, Tim [R-MI-5]
MI • R
Sponsored 9/21/2020
Rep. Brady, Kevin [R-TX-8]
TX • R
Sponsored 9/23/2020
Rep. Granger, Kay [R-TX-12]
TX • R
Sponsored 9/23/2020
Rep. Young, Don [R-AK-At Large]
AK • R
Sponsored 9/23/2020
Rep. Guthrie, Brett [R-KY-2]
KY • R
Sponsored 9/23/2020
Rep. Hill, J. French [R-AR-2]
AR • R
Sponsored 9/23/2020
Rep. Hudson, Richard [R-NC-9]
NC • R
Sponsored 9/23/2020
Rep. Amodei, Mark E. [R-NV-2]
NV • R
Sponsored 9/23/2020
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 9/23/2020
Rep. Posey, Bill [R-FL-8]
FL • R
Sponsored 9/23/2020
Rep. Gallagher, Mike [R-WI-8]
WI • R
Sponsored 9/23/2020
Rep. Green, Mark E. [R-TN-7]
TN • R
Sponsored 9/23/2020
Rep. Dunn, Neal P. [R-FL-2]
FL • R
Sponsored 9/23/2020
Rep. Wenstrup, Brad R. [R-OH-2]
OH • R
Sponsored 9/23/2020
Rep. Bilirakis, Gus M. [R-FL-12]
FL • R
Sponsored 9/23/2020
Rep. Balderson, Troy [R-OH-12]
OH • R
Sponsored 9/18/2020
Rep. Rouzer, David [R-NC-7]
NC • R
Sponsored 9/18/2020
Rep. Scalise, Steve [R-LA-1]
LA • R
Sponsored 9/18/2020
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 9/18/2020
Rep. Diaz-Balart, Mario [R-FL-26]
FL • R
Sponsored 9/18/2020
Rep. Herrera Beutler, Jaime [R-WA-3]
WA • R
Sponsored 9/18/2020
Rep. Walorski, Jackie [R-IN-2]
IN • R
Sponsored 9/21/2020
Rep. Pence, Greg [R-IN-6]
IN • R
Sponsored 9/21/2020
Rep. Latta, Robert E. [R-OH-5]
OH • R
Sponsored 9/21/2020
Rep. Bucshon, Larry [R-IN-8]
IN • R
Sponsored 9/21/2020
Rep. Higgins, Clay [R-LA-3]
LA • R
Sponsored 9/21/2020
Sen. Marshall, Roger [R-KS]
KS • R
Sponsored 9/23/2020
Rep. Brooks, Susan W. [R-IN-5]
IN • R
Sponsored 9/23/2020
Rep. Flores, Bill [R-TX-17]
TX • R
Sponsored 9/23/2020
Rep. Crenshaw, Dan [R-TX-2]
TX • R
Sponsored 9/23/2020
Rep. Carter, Earl L. "Buddy" [R-GA-1]
GA • R
Sponsored 9/23/2020
Rep. LaMalfa, Doug [R-CA-1]
CA • R
Sponsored 9/23/2020
Rep. Stauber, Pete [R-MN-8]
MN • R
Sponsored 9/24/2020
Rep. Van Drew, Jefferson [R-NJ-2]
NJ • R
Sponsored 9/24/2020
Rep. Taylor, Van [R-TX-3]
TX • R
Sponsored 9/24/2020
Rep. Moolenaar, John R. [R-MI-2]
MI • R
Sponsored 9/24/2020
Rep. Long, Billy [R-MO-7]
MO • R
Sponsored 9/24/2020
Rep. Waltz, Michael [R-FL-6]
FL • R
Sponsored 9/24/2020
Rep. Barr, Andy [R-KY-6]
KY • R
Sponsored 9/24/2020
Rep. Rose, John W. [R-TN-6]
TN • R
Sponsored 9/24/2020
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 9/24/2020
Rep. Luetkemeyer, Blaine [R-MO-3]
MO • R
Sponsored 9/24/2020
Rep. Jacobs, Chris [R-NY-27]
NY • R
Sponsored 9/24/2020
Rep. Kinzinger, Adam [R-IL-16]
IL • R
Sponsored 9/24/2020
Rep. Griffith, H. Morgan [R-VA-9]
VA • R
Sponsored 9/23/2020
Rep. Miller, Carol D. [R-WV-1]
WV • R
Sponsored 9/23/2020
Rep. Duncan, Jeff [R-SC-3]
SC • R
Sponsored 9/24/2020
Rep. Williams, Roger [R-TX-25]
TX • R
Sponsored 9/25/2020
Rep. Womack, Steve [R-AR-3]
AR • R
Sponsored 9/25/2020
Rep. Joyce, John [R-PA-13]
PA • R
Sponsored 9/25/2020
Rep. Lucas, Frank D. [R-OK-3]
OK • R
Sponsored 9/29/2020
Rep. Joyce, David P. [R-OH-14]
OH • R
Sponsored 9/29/2020
Rep. Mitchell, Paul [R-MI-10]
MI • R
Sponsored 9/29/2020
Rep. Fortenberry, Jeff [R-NE-1]
NE • R
Sponsored 9/29/2020
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 9/30/2020
Rep. Baird, James R. [R-IN-4]
IN • R
Sponsored 10/9/2020
Rep. Roby, Martha [R-AL-2]
AL • R
Sponsored 10/9/2020
Rep. LaHood, Darin [R-IL-16]
IL • R
Sponsored 10/9/2020
Rep. Keller, Fred [R-PA-12]
PA • R
Sponsored 10/9/2020
Rep. Carter, John R. [R-TX-31]
TX • R
Sponsored 10/16/2020
Rep. Burgess, Michael C. [R-TX-26]
TX • R
Sponsored 10/30/2020
Rep. Norman, Ralph [R-SC-5]
SC • R
Sponsored 12/15/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov