HR 2583
117th Congress
House
Commerce
Cardiovascular and respiratory health
Economic performance and conditions
Food industry and services
Government lending and loan guarantees
Infectious and parasitic diseases
Wages and earnings
PPP Equity Act of 2021
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 2021
Referred to the House Committee on Small Business.
Apr 15, 2021
Introduced in House
Plain-English summary
PPP Equity Act of 2021
This bill allows farmers, ranchers, and sole proprietors to retroactively recalculate their loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), based on gross income rather than net profits.
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1