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S 4927 116th Congress Senate Commerce Cardiovascular and respiratory health Government lending and loan guarantees Infectious and parasitic diseases Small business

EIDL Forgiveness Act

Introduced: November 30, 2020 Introduced by: King, Angus S., Jr. Independent · Maine 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
Nov 30, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Nov 30, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

EIDL Forgiveness Act

This bill modifies the loan forgiveness determination for a paycheck protection loan by excluding from such determination any advance amount for an economic injury disaster loan that was made to the recipient in relation to COVID-19 (i.e., coronavirus disease 2019).

What's happening now November 30, 2020

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

 Related & companion bills 1
  • HR 8361 Related bill EIDL Forgiveness Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 4 Republican 3
D
Merkley, Jeff
Oregon · Dec 14, 2020
 R
Fischer, Deb
Nebraska · Dec 10, 2020
 D
Cortez Masto, Catherine
Nevada · Dec 8, 2020
 R
Cramer, Kevin
North Dakota · Dec 8, 2020
 D
Gillibrand, Kirsten E.
New York · Dec 8, 2020
 D
Wyden, Ron
Oregon · Dec 8, 2020
 R
Daines, Steve
Montana · Nov 30, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4927: EIDL Forgiveness Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4927/
MLA
"S. 4927: EIDL Forgiveness Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4927/.
Bluebook (legal)
S. 4927, 116th Cong. (2026), https://openamerica.io/bill/116-S-4927/.
Markdown link
[S. 4927: EIDL Forgiveness Act](https://openamerica.io/bill/116-S-4927/)
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