House Bill 6987
116th Congress(2019-2020)
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.
Introduced
Introduced
Introduced in House on May 22, 2020
Overview
Text
Introduced
May 22, 2020
Latest Action
May 22, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6987
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
West Virginia
New York
California
Illinois
Illinois
New Jersey
California
Pennsylvania
California
Wisconsin
No House votes have been held for this bill.
Summary

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.

Text (1)
Actions (2)
05/22/2020
Referred to the House Committee on Small Business.
05/22/2020
Introduced in House
Public Record
Created
May 23, 2020 7:12:19 AM
Updated
Jul 16, 2020 5:15:10 PM