HR 7175 · 116th Congress · Commerce

Paycheck Protection for Producers Act

Introduced 2020-06-11· Sponsored by Rep. Kind, Ron [D-WI-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2020-06-11)

Plain Language Summary

[AI summary unavailable — showing source text] Paycheck Protection for Producers Act This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income. Under current law, such farmers must calculate their paycheck protection loan amount based on net income.…

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

Cosponsors (16)

7 Democrats9 Republicans