HR 6672 · 116th Congress · Commerce
To amend the CARES Act to increase the authority for commitments and appropriations for paycheck protection program, and for other purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Small Business.(2020-05-01)
Plain Language Summary
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This bill temporarily provides increased authority for appropriations to fund certain Small Business Administration commitments for loans, including loans made under the Paycheck Protection Program implemented in response to COVID-19 (i.e., coronavirus disease 2019). The authority provided by this bill ends 90 days after the date on which the COVID-19 emergency is no longer in effect.…
Summarized by Claude AI · Non-partisan · For informational purposes only