HR 6754 · 116th Congress · Taxation

Protecting the Paycheck Protection Program Act of 2020

Introduced 2020-05-08· Sponsored by Rep. Fletcher, Lizzie [D-TX-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2020-05-08)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (17)

17 Democrats
Rep. Craig, Angie [D-MN-2]MN
Rep. Kim, Andy [D-NJ-3]NJ
Rep. Rice, Kathleen M. [D-NY-4]NY
Rep. Stanton, Greg [D-AZ-9]AZ
Rep. Finkenauer, Abby [D-IA-1]IA
Rep. Napolitano, Grace F. [D-CA-32]CA
Rep. Wexton, Jennifer [D-VA-10]VA
Rep. Neguse, Joe [D-CO-2]CO
Rep. Welch, Peter [D-VT-At Large]VT
Rep. Bonamici, Suzanne [D-OR-1]OR
Rep. Pappas, Chris [D-NH-1]NH
Rep. Davis, Susan A. [D-CA-53]CA
Rep. Maloney, Carolyn B. [D-NY-12]NY
Rep. Larsen, Rick [D-WA-2]WA
Rep. Spanberger, Abigail Davis [D-VA-7]VA
Rep. Kirkpatrick, Ann [D-AZ-2]AZ
Rep. Ruiz, Raul [D-CA-36]CA