HR 2583 · 117th Congress · Commerce

PPP Equity Act of 2021

Introduced 2021-04-15· Sponsored by Rep. Hinson, Ashley [R-IA-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2021-04-15)

Plain Language Summary

[AI summary unavailable — showing source text] PPP Equity Act of 2021 This bill allows farmers, ranchers, and sole proprietors to retroactively recalculate their loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), based on gross income rather than net profits.…

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

Cosponsors (10)

6 Democrats4 Republicans
Rep. Spanberger, Abigail Davis [D-VA-7]VA
Rep. Axne, Cynthia [D-IA-3]IA
Rep. Balderson, Troy [R-OH-12]OH
Rep. Craig, Angie [D-MN-2]MN
Rep. Bacon, Don [R-NE-2]NE
Rep. Bustos, Cheri [D-IL-17]IL
Rep. Fischbach, Michelle [R-MN-7]MN
Rep. Neguse, Joe [D-CO-2]CO
Rep. Stefanik, Elise M. [R-NY-21]NY
Rep. Delgado, Antonio [D-NY-19]NY