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S. 3918 116th Congress Senate

Paycheck Protection for Producers Act

Official title: A bill to modify the calculation of the maximum loan amount for certain farmers and ranchers under the paycheck protection program of the Small Business Administration, and for other purposes.

Introduced: June 9, 2020 Introduced by: John Thune Republican · South Dakota See on congress.gov
Commerce Agricultural prices, subsidies, creditBusiness expensesCardiovascular and respiratory healthEmergency medical services and trauma care
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Government lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings
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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
Jun 9, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S2809)
Jun 9, 2020
Introduced in Senate
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 Latest action June 9, 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship. (text: CR S2809)

 Plain-English summary Congressional Research Service

Paycheck Protection for Producers Act

This bill modifies the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), by allowing certain farmers to calculate (or recalculate) their paycheck protection loan amount based on 2019 gross income.

Under current law, such farmers must calculate their paycheck protection loan amount based on net income.

 Related & companion bills 5
  • HR 7175 Identical bill Paycheck Protection for Producers Act
  • S 4321 Continuing Small Business Recovery and Paycheck Protection Program Act
  • HR 8265 To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modificat…
  • S 4775 Delivering Immediate Relief to America’s Families, Schools and Small Businesses Act
  • S 4773 Continuing the Paycheck Protection Program Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
Ernst, Joni
Iowa · Jun 15, 2020
 D
Baldwin, Tammy
Wisconsin · Jun 9, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3918: Paycheck Protection for Producers Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-3918/
MLA
"S. 3918: Paycheck Protection for Producers Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3918/.
Bluebook (legal)
S. 3918, 116th Cong. (2026), https://openamerica.io/bill/116-S-3918/.
Markdown link
[S. 3918: Paycheck Protection for Producers Act](https://openamerica.io/bill/116-S-3918/)
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