Bill116th CongressFiled Jun 11, 2020Commerce
H.R. 7175
Paycheck Protection for Producers Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jun 11, 2020)
Paycheck Protection for Producers Act
This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income.
Under current law, such farmers must calculate their paycheck protection loan amount based on net income.
What just happenedJun 11, 2020
Referred to the House Committee on Small Business.
Who’s behind it
Rep. Kind, Ron [D-WI-3](D-WI)Sponsor
16 cosponsors7 D9 R
16cosponsors1committees3actions5related bills8subjects
- Introduced in HouseJun 11, 2020
- Jun 11, 2020IntroReferralH11100
Referred to the House Committee on Small Business.
Small Business Committee - Jun 11, 2020IntroReferralIntro-H
Introduced in House
- Jun 11, 2020IntroReferral1000
Introduced in House