HR 6754
116th Congress
House
Taxation
Business expenses
Cardiovascular and respiratory health
Emergency medical services and trauma care
Government lending and loan guarantees
Income tax deductions
Income tax exclusion
Infectious and parasitic diseases
Interest, dividends, interest rates
Public utilities and utility rates
Small business
Wages and earnings
Protecting the Paycheck Protection Program Act of 2020
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 8, 2020
Referred to the House Committee on Ways and Means.
May 8, 2020
Introduced in House
Plain-English summary
Protecting the Paycheck Protection Program Act of 2020
This bill amends the Coronavirus Aid, Relief, and Economic Security Act to provide that otherwise deductible expenses and other tax incidents shall not be affected by the exclusion from gross income for loan foregiveness under the Paycheck Protection Program of such Act.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1