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HR 8686 116th Congress House Commerce Cardiovascular and respiratory health Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Interest, dividends, interest rates Minority and disadvantaged businesses Small business Veterans' loans, housing, homeless programs Women in business

Small Business COVID–19 Debt Relief Extension Act of 2020

Introduced: October 27, 2020 Introduced by: Carson, André Democratic · Indiana See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 27, 2020
Referred to the House Committee on Small Business.
Oct 27, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Small Business COVID-19 Debt Relief Extension Act of 2020

This bill extends for an additional six months the Small Business Debt Relief Program, under which the Small Business Administration (SBA), in response to COVID-19 (i.e., coronavirus disease 2019), was authorized to subsidize six months of payments for certain SBA-backed loan products on behalf of the recipients of these loans. Further, a small business that submits a new application for an SBA-backed loan prior to March 30, 2021, may receive a six month subsidy.

What's happening now October 27, 2020

Referred to the House Committee on Small Business.

 Committees of jurisdiction 1