HR 6779
116th Congress
House
Commerce
Administrative law and regulatory procedures
Business expenses
Cardiovascular and respiratory health
Criminal justice information and records
Emergency medical services and trauma care
Government lending and loan guarantees
Infectious and parasitic diseases
Small Business Administration
Small business
Wages and earnings
To specify the ineligibility requirements based on illegal activity or criminal record applicable to the Paycheck Protection Program and certain emergency relief programs under the CARES Act, and for other purposes.
Introduced: May 8, 2020
Introduced by:
Ocasio-Cortez, Alexandria
Democratic
· New York
See on congress.gov
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 Small Business.
May 8, 2020
Introduced in House
Plain-English summary
This bill extends to specified loan applicants certain eligibility requirements for participation in SBA programs that currently apply only to intermediaries (entities that borrow funds from the Small Business Administration to make loans to small businesses).
Specifically, the bill applies eligibility requirements for intermediaries that are based on illegal activity to any applicant for a loan under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1
Cosponsors
1