PPP Second Draw Fairness Act of 2021
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 16, 2021)
PPP Second Draw Fairness Act of 2021
This bill allows applicants for second draw loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to select any consecutive 90-day period in 2020 from which to demonstrate a qualifying loss in revenue that makes them eligible for such loans. Currently, this qualification period must align with a corresponding calendar quarter from the previous year.
What just happenedApr 16, 2021
Referred to the House Committee on Small Business.
Who’s behind it
- Introduced in HouseApr 16, 2021
- Apr 16, 2021IntroReferralH11100
Referred to the House Committee on Small Business.
Small Business Committee - Apr 16, 2021IntroReferralIntro-H
Introduced in House
- Apr 16, 2021IntroReferral1000
Introduced in House