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
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
Plain-English summary
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
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
1