HR 2727 · 118th Congress · Commerce
EIDL Relief Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Small Business.(2023-04-19)
Plain Language Summary
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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