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S. 723 117th Congress Senate

PPP Extension Act of 2021

Official title: A bill to amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes.

Introduced: March 11, 2021 Introduced by: Susan M. Collins Republican · Maine See on congress.gov
Commerce Business expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment lending and loan guarantees
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 24, 2021
Committee on Small Business and Entrepreneurship. Hearings held.
Mar 17, 2021
Committee on Small Business and Entrepreneurship. Hearings held.
Mar 11, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S1503)
Mar 11, 2021
Introduced in Senate
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 Latest action March 24, 2021

Committee on Small Business and Entrepreneurship. Hearings held.

 Plain-English summary Congressional Research Service

PPP Extension Act of 2021

This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), through June 30, 2021. Currently, the program is set to expire on March 31, 2021.

For the final 30 days of the program (i.e., from June 1 until June 30), the Small Business Administration may only process applications submitted prior to June 1, and it may not accept any new loan applications.

 Related & companion bills 3
  • HR 1799 Identical bill PPP Extension Act of 2021
  • S 815 PPP Extension Act of 2021
  • HR 1840 To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 12
All 12 Democratic 7 Republican 5
D
Klobuchar, Amy
Minnesota · Mar 23, 2021
 R
Capito, Shelley Moore
West Virginia · Mar 22, 2021
 D
Heinrich, Martin
New Mexico · Mar 22, 2021
 D
Merkley, Jeff
Oregon · Mar 22, 2021
 D
Ossoff, Jon
Georgia · Mar 22, 2021
 R
Tillis, Thomas
North Carolina · Mar 22, 2021
 D
Wyden, Ron
Oregon · Mar 17, 2021
 R
Murkowski, Lisa
Alaska · Mar 16, 2021
 R
Marshall, Roger
Kansas · Mar 15, 2021
 D
Rosen, Jacky
Nevada · Mar 15, 2021
 R
Sullivan, Dan
Alaska · Mar 15, 2021
 D
Shaheen, Jeanne
New Hampshire · Mar 11, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 723: PPP Extension Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-723/
MLA
"S. 723: PPP Extension Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-723/.
Bluebook (legal)
S. 723, 117th Cong. (2026), https://openamerica.io/bill/117-S-723/.
Markdown link
[S. 723: PPP Extension Act of 2021](https://openamerica.io/bill/117-S-723/)
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