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S 4101 116th Congress Senate Commerce Cardiovascular and respiratory health Disaster relief and insurance Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Interest, dividends, interest rates Small business

LIFT UP Act

Introduced: June 30, 2020 Introduced by: Cruz, Ted Republican · Texas See on congress.gov
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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 30, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jun 30, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

Loan Interest Forgiveness for Taxpayers Under a Pandemic Act of 2020 or the LIFT UP Act

This bill modifies specified debt relief made available to small businesses in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the Small Business Administration must pay the principal, interest, and any associated fees that are owed on certain disaster loans made to small businesses prior and unrelated to COVID-19 for a six-month period.

What's happening now June 30, 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Related & companion bills 2
  • HR 7928 Related bill LIFT UP Act of 2020
  • S 4537 Related bill RECOVERY Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Capito, Shelley Moore
West Virginia · Jun 30, 2020
 R
Tillis, Thomas
North Carolina · Jun 30, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4101: LIFT UP Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4101/
MLA
"S. 4101: LIFT UP Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4101/.
Bluebook (legal)
S. 4101, 116th Cong. (2026), https://openamerica.io/bill/116-S-4101/.
Markdown link
[S. 4101: LIFT UP Act](https://openamerica.io/bill/116-S-4101/)
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