HR 6897 116th Congress House Commerce Broadcasting, cable, digital technologies Business expenses Cardiovascular and respiratory health Congressional oversight Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases News media and reporting Small business Television and film

Local News and Emergency Information Act of 2020

Introduced: May 15, 2020 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 15, 2020

Referred to the House Committee on Small Business.

May 15, 2020

Introduced in House

Plain-English summary Congressional Research Service

Local News and Emergency Information Act of 2020

This bill expands the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include certain newspaper publishers, radio stations, and television broadcasters.

Specifically, such a media purveyor is eligible to receive a paycheck protection loan if (1) the individual physical location that applies for the loan does not exceed Small Business Administration size standards (up to 1,000 employees for newspaper publishers and $41.5 million in gross receipts for radio and television broadcasters); and (2) the proceeds of the loan are used to support the continued provision of local news, information, content, or emergency information. Such a recipient may not remit any portion of a paycheck protection loan to any entity other than the individual physical location that is the loan's intended recipient.

What's happening now May 15, 2020

Referred to the House Committee on Small Business.

Committees of jurisdiction 1