HR 6987 · 116th Congress · Commerce
To include payments for waste and recycling collection services as covered utility payments for purposes of calculating the eligible amount for forgiveness of indebtedness on a paycheck protection program loan.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Small Business.(2020-05-22)
Plain Language Summary
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This bill expands loan forgiveness under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include amounts from a paycheck protection loan that a recipient expends for waste and recycling collection.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
8 Democrats5 Republicans