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H.R. 6754

Protecting the Paycheck Protection Program Act of 2020

Protecting the Paycheck Protection Program Act of 2020

This bill amends the Coronavirus Aid, Relief, and Economic Security Act to provide that otherwise deductible expenses and other tax incidents shall not be affected by the exclusion from gross income for loan foregiveness under the Paycheck Protection Program of such Act.

Referred to the House Committee on Ways and Means.

Rep. Fletcher, Lizzie [D-TX-7](D-TX)Sponsor
17 cosponsors17 D
17cosponsors1committees3actions1related bills11subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Protecting the Paycheck Protection Program Act of 2020 — Informed