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Paycheck Protection Small Business Forgiveness Act

Introduced: September 1, 2020 Introduced by: Houlahan, Chrissy Democratic · Pennsylvania See on congress.gov
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 2020
Referred to the House Committee on Small Business.
Jul 24, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Paycheck Protection Small Business Forgiveness Act

This bill modifies loan forgiveness under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill provides for automatic forgiveness of a paycheck protection loan that is not more than $150,000 if the recipient submits a one-page form. Such form must allow a recipient to submit specified demographc and expenditure information, and certain individuals (e.g., the President, the Vice President, or the head of an executive department) are not eligible for such forgiveness.

Further, the bill prohibits any enforcement or other action against a lender relating to loan origination, forgiveness, or guarantee based on the lender's reliance on certifications or documentation submitted by a loan applicant or recipient.

What's happening now July 24, 2020

Referred to the House Committee on Small Business.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 132
Lawrence, Brenda
· Dec 2, 2020
R
Rutherford, John H.
Florida · Dec 2, 2020
D
Carson, André
Indiana · Nov 9, 2020
Crist, Charlie
· Nov 2, 2020
D
Green, Al
Texas · Nov 2, 2020
R
Murphy, Gregory F.
North Carolina · Nov 2, 2020
PETERSON, COLLIN
· Nov 2, 2020
Payne, Donald
· Oct 16, 2020
D
Quigley, Mike
Illinois · Oct 16, 2020
R
Steube, W. Gregory
Florida · Oct 16, 2020
Walorski, Jackie
· Oct 16, 2020
R
Calvert, Ken
California · Oct 9, 2020
R
Carter, Earl L. "Buddy"
Georgia · Oct 9, 2020
R
Comer, James
Kentucky · Oct 9, 2020
Kilmer, Derek
· Oct 9, 2020
R
LaHood, Darin
Illinois · Oct 9, 2020
McKinley, David
· Oct 9, 2020
O'Halleran, Tom
· Oct 9, 2020
R
Reschenthaler, Guy
Pennsylvania · Oct 9, 2020
Rodgers, Cathy
· Oct 9, 2020
R
Rouzer, David
North Carolina · Oct 9, 2020
R
Steil, Bryan
Wisconsin · Oct 9, 2020
R
Wittman, Robert J.
Virginia · Oct 9, 2020
Byrne, Bradley
· Oct 2, 2020
D
Correa, J. Luis
California · Oct 2, 2020
Luetkemeyer, Blaine
· Oct 2, 2020
Schrader, Kurt
· Oct 2, 2020
D
Sewell, Terri A.
Alabama · Oct 2, 2020
D
Stanton, Greg
Arizona · Oct 2, 2020
R
Meuser, Daniel
Pennsylvania · Sep 30, 2020
D
Bonamici, Suzanne
Oregon · Sep 29, 2020
R
Bost, Mike
Illinois · Sep 29, 2020
D
Foster, Bill
Illinois · Sep 29, 2020
R
Gooden, Lance
Texas · Sep 29, 2020
R
Green, Mark E.
Texas · Sep 29, 2020
Hartzler, Vicky
· Sep 29, 2020
R
Hudson, Richard
North Carolina · Sep 29, 2020
Maloney, Sean
· Sep 29, 2020
R
Rose, John W.
Tennessee · Sep 29, 2020
Wild, Susan
· Sep 29, 2020
D
Case, Ed
Hawaii · Sep 23, 2020
R
Johnson, Dusty
South Dakota · Sep 23, 2020
KIND, RON
· Sep 23, 2020
Loebsack, David
· Sep 23, 2020
Long, Billy
· Sep 23, 2020
D
Pappas, Chris
New Hampshire · Sep 23, 2020
R
Womack, Steve
Arkansas · Sep 23, 2020
D
Cisneros, Gilbert Ray
California · Sep 21, 2020
Posey, Bill
· Sep 21, 2020
R
Radewagen, Aumua Amata Coleman
American Samoa · Sep 21, 2020
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7777: Paycheck Protection Small Business Forgiveness Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7777/
MLA
"H.R. 7777: Paycheck Protection Small Business Forgiveness Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7777/.
Bluebook (legal)
H.R. 7777, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7777/.
Markdown link
[H.R. 7777: Paycheck Protection Small Business Forgiveness Act](https://openamerica.io/bill/116-HR-7777/)
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