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H.R. 6987

BillFederalHouseIn Committee
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.
About This Bill
Committee
Latest Action · May 22, 2020
Referred to the House Committee on Small Business.
Congress
116th (2019–2021)
Introduced
May 22, 2020
Cosponsors (13)
8D 5R
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Summary

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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.

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