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House Bill 2615
117th Congress(2021-2022)
PPP Second Draw Fairness Act of 2021
Introduced
Introduced
Introduced in House on Apr 16, 2021
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Introduced in House 
Apr 16, 2021
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Introduced in House(Apr 16, 2021)
Apr 16, 2021
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H. R. 2615 (Introduced-in-House)


117th CONGRESS
1st Session
H. R. 2615


To amend the Small Business Act to allow certain applicants for paycheck protection program second draw loans to select a 90-day period to demonstrate eligibility, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

April 16, 2021

Mr. Balderson (for himself and Ms. Craig) introduced the following bill; which was referred to the Committee on Small Business

A BILL

To amend the Small Business Act to allow certain applicants for paycheck protection program second draw loans to select a 90-day period to demonstrate eligibility, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “PPP Second Draw Fairness Act of 2021”.

SEC. 2. Eligibility for paycheck protection program second draw loans.

Section 7(a)(37)(A)(iv)(I)(bb)(AA) of the Small Business Act (15 U.S.C. 636(a)(37)(A)(iv)(I)(bb)(AA)) is amended by inserting “either during any contiguous 90-day period in 2020, or” before “during the first”.