HR 2727 · 118th Congress · Commerce

EIDL Relief Act

Introduced 2023-04-19· Sponsored by Rep. Strickland, Marilyn [D-WA-10]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Small Business.(2023-04-19)

Plain Language Summary

[AI summary unavailable — showing source text] EIDL Relief Act This bill provides temporary relief for certain borrowers of Economic Injury Disaster Loans (EIDL) that were made in response to the COVID-19 emergency. Specifically, for one year, the Small Business Administration must reduce the interest rate and limit the monthly payment due for borrowers of these loans experiencing short-term financial challenges.…

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

Cosponsors (10)

10 Democrats