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.

Introduced 2020-05-22· Sponsored by Rep. McKinley, David B. [R-WV-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2020-05-22)

Plain Language Summary

[AI summary unavailable — showing source text] 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