Bill116th CongressFiled Dec 3, 2020Commerce
S. 4954
Simplifying PPP Forgiveness Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Dec 3, 2020)
This bill revises the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to simplify the application process for loan forgiveness and to establish or certify an online calculator that allows loan recipients to (1) estimate the amount of forgiveness for which they are eligible, and (2) assist with their loan forgiveness applications.
What just happenedDec 3, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Who’s behind it
Sen. Kennedy, John [R-LA](R-LA)Sponsor
1committees2actions2related bills9subjects
- Introduced in SenateDec 3, 2020
- Dec 3, 2020IntroReferral
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Small Business and Entrepreneurship Committee - Dec 3, 2020IntroReferral10000
Introduced in Senate